CEBU, Philippines -- Singapore-listed Keppel REIT has obtained an unsecured S$150 million ($110 million) green loan facility from Oversea-Chinese Banking Corp., its second such facility this year, to grow its green building portfolio.
In a disclosure to the Singapore Exchange, Keppel REIT's manager said the green loan facility can be utilized to finance or refinance eligible green projects, among others. The loan was obtained by its subsidiary, Keppel REIT Fin Company (KRFC).