tiprankstipranks
Company Announcements

GuocoLand Secures S$367.1 Million Green Loan for Faber Walk Development

Story Highlights
GuocoLand Secures S$367.1 Million Green Loan for Faber Walk Development

An announcement from GuocoLand Limited ( (SG:F17) ) is now available.

GuocoLand Limited has secured a S$367.1 million green loan from DBS Bank for the development of the Faber Walk site, a project that will feature 399 residential units and achieve the Building and Construction Authority’s Green Mark Platinum award. This development, situated next to the Pandan River and near key business hubs, underscores GuocoLand’s commitment to sustainable and biophilic designs, enhancing its market position in luxury living in Singapore.

More about GuocoLand Limited

GuocoLand Limited is a prominent real estate company involved in the development of commercial and residential properties. The company focuses on sustainable and green developments, with a strong presence in Singapore’s property market.

YTD Price Performance: 1.96%

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: €1.13B

For detailed information about F17 stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App