SGX-listed ESR-REIT to raise $109m loan to refinance debts, fund acquisitions

SGX-listed ESR-REIT to raise $109m loan to refinance debts, fund acquisitions

120 Pioneer Road, ESR-REIT

Singapore-listed ESR REIT has entered into a S$150 million ($108.75 million) unsecured loan facility with CIMB Bank Berhad, according to its filing with the SGX.

ESR REIT will use the debt proceeds for the refinancing existing debt, funding further acquisitions, enhancements, and improvement of its assets under its umbrella.

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