You are here

Hoi Hup Realty bags maiden S$332.5m green loan

Loan will partially finance the S$475 million acquisition of Hyatt-branded luxury hotel Andaz Singapore

BT_20191210_RMHOIHUP10_3972760.jpg
Five-star hotel Andaz Singapore received the BCA Green Mark (Hotel) Goldplus Award in 2013, for having environment-friendly features that yield energy and water savings.

Singapore

SINGAPORE property developer Hoi Hup Realty has secured a S$332.5 million green club loan to partially finance its S$475 million acquisition of Hyatt-branded luxury hotel Andaz Singapore.

The loan was obtained through Hoi Hup's subsidiary, Ophir-Rochor Hotel, and is the...