ARA, Chelsfield acquire $385.8m green loan for 5One Central

Uploaded By:  Paul Howell Submitted By:  Staff Reporter Case Study:  No The green loan came from DBS and UOB. ARA Asset Management Limited (ARA) and Chelsfield have secured a $385.8m green loan from DBS Bank and United Overseas Bank Limited (UOB) for the acquisition and asset enhancement of their joint venture 5One Central. The loan is issued under the green loan framework developed by both companies, in line with their commitment to developing and designing buildings that achieve the highest standard of sustainability. read more