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Boustead Projects JV secures $70 mil green loan to refinance Razer SEA HQ

Khairani Afifi Noordin
Khairani Afifi Noordin • 1 min read
Boustead Projects JV secures $70 mil green loan to refinance Razer SEA HQ
Razer SEA HQ has a committed occupancy of 100% as at March 31. Photo: Razer
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Boustead Projects (SGX:AVM) has secured a $70 million green loan to refinance Razer SEA HQ at one-north.

The loan is extended to Snakepit-BP, a joint venture of the company set up for the development of Razer SEA HQ. The four-year secured green loan will be under UOB’s Sustainable Finance Framework for Green Building Developers and Owners.

Razer SEA HQ homes over 550 Razer employees. The development comprises approximately 19,300 sq m in gross floor area across seven floors.

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