Starhill Global REIT secures first sustainability-linked facility for $50m

The facility will be used to finance requirements to attain green certification.

Starhill Global REIT and DBS Bank Ltd. entered into a facility agreement for a five-year unsecured sustainability-linked multicurrency revolving credit facility of $50m.

This will replace its existing revolving credit facility with DBS for the same amount expiring in June 2024.

It is the first sustainability-linked facility granted to Starhill Global REIT available for drawing from January 2024.

It will be used to finance its general corporate funding requirements including capital expenditure to attain green certification for Starhill Global REIT’s portfolio of properties..

Under the terms of the facility agreement, DBS has the right to require Starhill Global REIT to repay all amounts should a “Change of Control Event” occur. This is pursuant to Rule 704(31) of the SGX Listing Manual.

Follow the link for more news on

Starhill Global REIT

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

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