Battersea Power Station Development Company has secured a £280 million refinancing loan from CIMB, OCBC, Maybank and Standard Chartered. The funding provides financial backing to develop the remaining 16 acres of the 42-acre London site. The announcement follows the submission of an updated masterplan by Studio Egret West, alongside ongoing construction at Prospect Place South and planning approval for 200 council homes with Wandsworth Council.
ESR-REIT has secured a S$200 million sustainability-linked unsecured revolving credit facility from Oversea-Chinese Banking Corporation Limited. The manager, ESR-REIT Management (S) Limited, announced that trustee Perpetual (Asia) Limited finalised the agreement. The money will support general corporate needs, including debt refinancing and asset upgrades across the group. The two-year agreement strengthens the trust's capital position while aligning its financial operations with clear corporate environmental goals.
![[IRHM] logo](https://irhmagazine.com/wp-content/uploads/2025/08/IRHM-AWARDS-2025-1024x683.jpg)
