Link REIT Secures its First Sterling-denominated Sustainability-linked Loans with BNP Paribas and DBS
Link Asset Management Limited (Link), the manager of Link Real Estate Investment Trust (Link REIT; Hong Kong stock code: 823) announced that Link has converted two five-year loans totalling £200 million signed with BNP Paribas and DBS Bank (DBS) respectively in August last year to sustainability-linked loans. This marks Link REIT’s first sustainability-linked loan denominated in the Pound Sterling. In August last year, Link signed two loans in Pound Sterling separately with BNP Paribas and DBS to partially finance its acquisition of The Cabot, Link’s first asset in the UK.
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