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Frasers Property bags S$350m green loan for Fernvale Lane exec condo project

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Published Tue, Jun 9, 2020 · 09:50 PM

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    Singapore

    FRASERS Property has, through its subsidiary Fernvale Lane, obtained a S$350 million green loan from DBS Bank, Maybank and OCBC Bank.

    This will finance its Fernvale Lane executive condominium (EC) development in the Sengkang area. It is Singapore's first green loan for an EC development, and the group's 10th green financing initiative, Frasers Property said on Tuesday.

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