First Green Loan for Singapore Leading Industrial Developer

First Green Loan for Singapore Leading Industrial Developer

The Loan – which will be compliant with all the Green Loan Principles 1 (“GLP”) – will soon be utilized to create Soilbuild’s 3rd Green Mark Platinum build-to-lease business room by having a proposed gross flooring area of 1.1 million sq ft located in the vibrant Paya Lebar iPark precinct.

The deal marks Soilbuild’s very first utilization of green finance, underscoring the Group’s dedication to growing its profile of properties in a way which guarantees a future that is sustainable. On conclusion, the venture is anticipated to meet up the Building and Construction Authority’s Green Mark Platinum official certification standards, which will be the certification that is highest for green structures in Singapore. Continue reading