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GuocoLand secures $367.1 million green club facility from DBS

The Edge Singapore
The Edge Singapore  • 2 min read
GuocoLand secures $367.1 million green club facility from DBS
The loan is for the development of the Faber Walk site GuocoLand won last November with partners TID and Hong Leong Holdings / Photo: GuocoLand
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GuocoLand has secured a $367.1 million green club facility loan from DBS Bank for the development of the Faber Walk site. 

The land parcel was awarded to GuocoLand (SGX:F17) and its joint venture partners TID and Hong Leong Holdings last November.

The latest green facility for the future development at the Faber Walk site, raised under GuocoLand’s Green Finance Framework, adds to its existing green facilities across its commercial and residential developments such as Guoco Tower, Guoco Midtown, Midtown Modern, Midtown Bay, Lentor Modern, Lentor Mansion, and the upcoming development at Upper Thomson Road.

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