OCBC makes first property natural loan in South Korea
OCBC Bank has provided a new efficient loan of 117 thousand South Korean was the winner (S$132. 6 million) for you to M&G Real Estate Asian countries to refinance an expenditure in Northgate, a efficient building in Seoul's middle business district, with the loan provider as the sole provider and green advisor.
The money is South Korea's first green loan supporting the exact property field, OCBC said in a statement on Feb 5th (Aug 21). It can be as well the bank's earliest lasting finance transaction within the country.
햇살론 will be used in order to refinance existing advances in M&G Asia Property Deposit, which have been extended for this investment in Northgate. The fund is managed by M&G Properties Asia.
Northgate is a high-rise place of work building with green attributes, including rainwater recycling techniques, water-efficient fixtures, LED lighting in common areas, and even making automation systems to be able to control heat, ventilation, weather conditioning and lighting fixtures. Environmentally-friendly materials are also utilized inside the building's cleaning plus normal upkeep.
In 2016, Northgate received the Management within Energy and Environmental Design for Existing Buildings Functions and even Repair Gold ranking from the US Green Construction Authorities.
OCBC Bank scalp of global corporate banking Elaine Lam said the financial institution searching for to expand it is sustainable finance stock portfolio for you to S$25 billion by way of 2025.
Gives you of OCBC has been straight down eight pence or maybe zero. 9 per dollar to $8. 75 about an ex-dividend basis at the midday break in Friday.
The money is South Korea's first green loan supporting the exact property field, OCBC said in a statement on Feb 5th (Aug 21). It can be as well the bank's earliest lasting finance transaction within the country.
햇살론 will be used in order to refinance existing advances in M&G Asia Property Deposit, which have been extended for this investment in Northgate. The fund is managed by M&G Properties Asia.
Northgate is a high-rise place of work building with green attributes, including rainwater recycling techniques, water-efficient fixtures, LED lighting in common areas, and even making automation systems to be able to control heat, ventilation, weather conditioning and lighting fixtures. Environmentally-friendly materials are also utilized inside the building's cleaning plus normal upkeep.
In 2016, Northgate received the Management within Energy and Environmental Design for Existing Buildings Functions and even Repair Gold ranking from the US Green Construction Authorities.
OCBC Bank scalp of global corporate banking Elaine Lam said the financial institution searching for to expand it is sustainable finance stock portfolio for you to S$25 billion by way of 2025.
Gives you of OCBC has been straight down eight pence or maybe zero. 9 per dollar to $8. 75 about an ex-dividend basis at the midday break in Friday.
