OUE C-REIT acquires first sustainability-linked loan at $540m

The loan targets to improve Singapore's and Shanghai's energy, water efficiency.

OUE C-REIT has obtained its first sustainability-linked loan worth $540m.

This comes from a consortium of five lenders that include OCBC Bank, which also acted as a sustainability advisor for the transaction.

Targets of the loan include the improvement of energy and water efficiencies in relation to the commercial portfolio in Singapore and Shanghai. Also included are interest rate reductions linked to predetermined sustainability performance targets.

This, in turn, would allow OUE C-REIT to enjoy savings in interest costs.

Proceeds from the loan will go towards refinancing existing borrowings and general working capital requirements.

CEO and Executive Director Tan Shu Lin of OUE C-REIT, spoke about how this step is in support of sustainable development.

“We are pleased to secure our first sustainability-linked loan which supports our ongoing efforts to drive the sustainability performance of OUE Commercial REIT. The new loan is a step towards integrating sustainable practices into our operations beyond just managing the environmental impact of OUE Commercial REIT’s properties. We remain committed to our sustainability goals with the aim of translating our sustainability efforts into positive results to deliver long-term growth and value for Unitholders.”

Follow the link for more news on

OUE C-REIT

sustainability fund

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia