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Real Estate Group GuocoLand Secures Green Loans of Nearly $1 Billion
20
Jan
Jan
GuocoLand has secured its largest green financing to date, comprising two green loans totaling S$1.24 billion ($908 million) from DBS and OCBC to refinance projects under its green finance framework. The funds will support Guoco Midtown, a flagship mixed-use development, and Midtown Bay, a luxury residential project, both designed to deliver environmental and social benefits. With nearly S$5 billion in total green financing secured to date, GuocoLand reinforces its commitment to sustainable urban development, setting a benchmark for integrating green financing into large-scale real estate projects.
Resources: https://esgnews.com/real-estate-group-guocoland-secures-green-loans-of-nearly-1-billion/