Media Centre

2021-07-19
Prosperity REIT Closes its Maiden Sustainability-linked Loan with DBS Hong Kong

Accelerating the REIT’s ESG efforts towards “Vision 2030”

Prosperity REIT will be eligible for loan interest savings upon achieving pre-determined environmental, social and governance (ESG) performance metrics with emphasis on:

  • Recognition of green building certification in its property portfolio;
  • Reduction in energy consumption and greenhouse gas emissions from the REIT’s property management operations; and
  • Promoting the use of renewable energy through installation of solar panels and rainwater collection systems at selected properties