DBS provides $178.09m sustainable loan to HK listed REIT

Submitted By:  Nathanielle Punay Case Study:  No Proceeds will be used for general corporate funding purposes. DBS has provided Hong Kong listed Link REIT a $178.09m (A$212m) five-year sustainability-linked loan, which is said to be the first by an Asian REIT to be linked to the Global Real Estate Sustainability Benchmark (GRESB), an announcement revealed. To incentivise sustainable practices, DBS has structured the loan to incorporate a reduced pricing structure with interest cost savings. read more