Green finance picks up among developers as CapitaLand, Tong Eng sign loans
CapitaLand's first three green loans in India total 17b rupees; Tong Eng secures S$71m green Sora-based loan
Vivienne Tay
Singapore
GREEN loans have been gaining popularity among Singapore property developers as more look towards green financing to support sustainability-related properties.
CapitaLand on Wednesday said it obtained its first three green loans in India totalling 17 billion rupees (S$323 million) from DBS Bank India and HSBC India.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.