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Soilbuild Business Space Reit snags S$80m green loan

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SOILBUILD Business Space Reit has secured a S$80 million green loan to refinance its Solaris@one-north project in Singapore’s Fusionopolis district, the manager said on Friday night. Read more at The Business Times.

SOILBUILD Business Space Reit has secured a S$80 million green loan to refinance its Solaris@one-north project in Singapore’s Fusionopolis district, the manager said on Friday night.

The loan from OCBC Bank and RHB Bank is the first green loan for Soilbuild Reit, which invests in business parks and industrial properties in Singapore and Australia. The latest loan points to the Reit’s capital management strategy of diversifying funding sources, Roy Teo, chief executive of the manager, said in a statement.

“It also supports our efforts in delivering long-term value to our stakeholders while creating a more sustainable future,” he added.For daily updates on weekdays and specially selected content for the weekend. Subscribe to

 

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