Developer Evia, Metro take S$296m green loan for Tampines office towers
The four-year loan will be used to finance partially their 50:50 acquisition of a pair of Grade-A eco-friendly office towers, 7 & 9 Tampines Grande Singapore
Singapore
PRIVATELY-HELD Evia Real Estate Management and mainboard-listed Metro Holdings have secured a S$296.3 million four-year green loan to finance partially their 50:50 acquisition of a pair of Grade-A eco-friendly office towers, 7 & 9 Tampines Grande Singapore.
This is the first green debt instrument secured by the Singapore-based property developer and institutional fund manager.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Toronto home sales fall for third month in April; prices rise
Far East Shopping Centre owners in private talks after close of S$928 million en bloc tender
US mortgage rates up for fifth week at 7.22%
Amsterdam parking space up for grabs for half-a-million euros
Where innovation and play meet: Singapore Science Park welcomes new ‘mini city’ concept
Singapore top recipient of Q1 cross-border investments in Apac: Knight Frank