Link Reit takes A$212m from sustainable loan

sydney_harbour_bridge_230px
By Rashmi Kumar
23 Mar 2020

Asia’s sustainability-linked loan market has expanded further with a real estate investment trust raising funds linked to the global real estate sustainability benchmark (GRESB), a first for the region.

Link Asset Management, the manager of Hong Kong-listed Link Reit, borrowed a A$212m ($122.9m) five year sustainability-linked term loan from DBS over the weekend.

The loan was announced on Sunday, and is the first by a Reit in Asia to be linked to the performance of the ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial