DBS provides $178.09m sustainable loan to HK listed REIT

To incentivise sustainable practices, DBS has structured the loan to incorporate a reduced pricing structure with interest cost savings.

DBS stated that Link will be eligible for the interest savings if it maintains its listing on leading global sustainability indices and achieves sustainability milestone’s based on performance in the annual independently assessed GRESB, which is said to be the leading sustainability benchmark for real estate and infrastructure investments across the world.

The proceeds of the loan will be used for general corporate funding purposes including sustainability initiatives.