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Soilbuild Business Space REIT 45 Million Loan

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Following my previous post on news that Cambridge Industrial Trust has taken up a 100 million loan (Cambridge Industrial Trust 100 Million Loan), Soilbuild Business Space REIT has announced on 21st September 2016 that they have taken up a S$45 million loan. The loan comprises of S$40 million term loan and S$5 million revolving loan facility. The S$45 million loan was from Bank of East Asia (BEA).

As indicated previously in my post on Cambridge Industrial Trust, there should be two questions we need to ask ourselves. (more…)

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