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ESG TAKES CENTRE STAGE : RISE IN GREEN BOND ISSUANCE BY S-REITS
Source : Photo by Sandra Tan on Unsplash
The pandemic and a growing emphasis on corporate sustainability and ESG mandates have been catalysts for REITs to reposition their portfolios to include greener options .
At the height of the global health crisis in 2020 , Real Estate Investment Trusts ( REITs ) in the region saw an increase in green bond issuance .
In January 2021 , Ascott Residence Trust ( ART ) announced that it had obtained a S $ 50 million ( US $ 37 million ) five-year green loan from DBS Bank Ltd ( DBS ), making ART the first hospitality trust
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