DBS, ING provide SGD 1.72 billion green loan for One Spitalfields refurbishment in London
ING•DBS Group Holdings and ING provided a SGD 1.72 billion green development loan to fund the refurbishment of One Spitalfields, a London office and retail estate. The 11-storey redevelopment is expected to deliver more than 700,000 square feet of office space, including a 465,000-square-foot pre-let to Jane Street.
1. Loan funds refurbishment
DBS Group Holdings and ING provided a SGD 1.72 billion green development loan for the refurbishment of One Spitalfields, a City of London office and retail estate. The project will retain the building’s structural frame and targets an EPC A rating and BREEAM Outstanding certification.
2. Office space planned
The 11-storey redevelopment is expected to deliver more than 700,000 square feet of office space, anchored by a 465,000-square-foot pre-let to Jane Street.
