ENGLISH
|
JAPANESE
|
CONNECT WITH US:
Home
About
Contact
Log in
*
Home
Press release
Oct 06, 2021 16:36 JST
Source:
Champion REIT
Champion REIT Enters Sustainability-Linked Swap with DBS Hong Kong
Jointly Supports Women Empowerment Programme "Champion Mothers"
HONG KONG, Oct 06, 2021 - (ACN Newswire) - Champion Real Estate Investment Trust ("Champion REIT" or "Trust") (Stock Code: 2778), owner of Three Garden Road and Langham Place, has entered into an agreement concerning cross-currency swap transaction (the "Swap") with DBS Hong Kong ("DBS"). This derivative transaction is a sustainability-linked swap, which was closed in September 2021. It is designed to provide a hedge against potential interest rate or currency risks related to the Trust's debt portfolio.
Champion REIT launches its Women Empowerment Programme - "Champion Mothers" in collaboration with St. James Settlement to support mothers with SEN children
Champion REIT values sustainable development and is dedicated to promoting diversity and inclusion of the community. This rationale is in alignment with the philosophy of DBS, which places great value on leveraging resources to empower women who need support in the community.
Under this sustainability-linked swap, Champion REIT is eligible to receive sponsorship from DBS to support its Women Empowerment Programme - Champion Mothers, provided that Champion REIT can successfully achieve the key performance targets related to women empowerment. Champion REIT initiated this programme in partnership with St. James Settlement and its social enterprise, and aims to support mothers who have children with special educational needs (SEN) and do not have much work experience to unleash their true potential by:
- Providing skill-learning workshops and free pop-up space at Langham Place Mall for these mothers to have a taste of running a business, and
- Establishing buddy relationships among these mothers and female colleagues to share views on managing family and work
The Trust has organised various business skill-sharing sessions and handicraft activities for these mothers and female colleagues from August to October. The handicraft activities include making Organic Peanut Brittles, Aroma Stones and Coin Bags, enabling all participants to learn, have fun and grow together. A pop-up store selling the products crafted by the participating mothers will be launched in Langham Place Mall by the end of 2021.
Champion REIT secured its first sustainability-linked loan with eight banks, including DBS, in June this year. The sustainability-linked swap marks another milestone in the Trust's sustainability journey and reinforces its commitment to giving back to the community.
About Champion REIT (Stock Code: 2778)
Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties. The Trust focuses on Grade A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail floor area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as joint venture stake in 66 Shoe Lane in Central London. Since 2015, the Trust has been included in the Constituent of Hang Seng Corporate Sustainability Benchmark Index of Hang Seng Indexes.
Website: www.championreit.com
About DBS
DBS is a leading financial services group in Asia with a presence in 18 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.
Recognised for its global leadership, DBS has been named "World's Best Bank" by Euromoney, "Global Bank of the Year" by The Banker and "Best Bank in the World" by Global Finance. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named "World's Best Digital Bank" by Euromoney and the world's "Most Innovative in Digital Banking" by The Banker. In addition, DBS has been accorded the "Safest Bank in Asia" award by Global Finance for 12 consecutive years from 2009 to 2020.
DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region's most dynamic markets. DBS is committed to building lasting relationships with customers, and positively impacting communities through supporting social enterprises, as it banks the Asian way. It has also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.
With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit
https://www.dbs.com.hk/index-zh/default.page
.
Source: Champion REIT
Sectors: Real Estate & REIT
Copyright ©2024 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Latest Release
TOPVISION Launches Prospectus for Listing Transfer from LEAP to the ACE Market
Nov 27, 2024 05:53 JST
TOYOTA GAZOO Racing FULLY PREPARED FOR DAKAR 2025
Nov 26, 2024 17:55 JST
Eisai Signs Research Collaboration Agreement with The National Center of Neurology and Psychiatry to Initiate Apolipoprotein E Genetic Testing in the "AD-DMT Registry" in Japan
Nov 26, 2024 15:50 JST
Fujitsu develops Policy Twin, a new digital twin technology to maximize effectiveness of local government policies for solving societal issues
Nov 26, 2024 10:51 JST
TOYOTA GAZOO Racing reinforces WRC line-up with youth and experience for 2025
Nov 25, 2024 17:10 JST
Toyota Submits Progress Report on Recurrence Prevention Measures
Nov 25, 2024 15:43 JST
TOPVISION Launches Prospectus for Transfer Listing from LEAP to the ACE Market
Nov 25, 2024 15:00 JST
MHI Thermal Systems Receives Order from Aisan Industry for Aquifer Thermal Energy Storage System for Its New Anjo Plant
Nov 25, 2024 14:18 JST
Oracle Red Bull Racing Driver Max Verstappen Wins Fourth Consecutive F1 Drivers' World Championship
Nov 25, 2024 11:55 JST
Kaplan Fox & Kilsheimer LLP Alerts Investors to a Securities Class Action Against Humacyte, Inc. (HUMA) - Deadline is January 17, 2025
Nov 22, 2024 11:00 JST
NaaS Q3 2024 Recap: Strategic Shifts and Tech Innovations for Growth
Nov 21, 2024 22:59 JST
Honda Unveils Demonstration Production Line for All-Solid-State Batteries Located in Sakura City, Tochigi Prefecture, Japan
Nov 21, 2024 15:35 JST
Deadline to Lead in Securities Fraud Lawsuit Against Humacyte, Inc. (HUMA) is January 17, 2025 - Contact Kaplan Fox & Kilsheimer LLP
Nov 21, 2024 09:00 JST
ALL Study Groups Using DehydraTECH Processing Outperform Rybelsus(R) in Body Weight Control in Lexaria's 12-Week GLP-1, Diabetes Animal Study
Nov 20, 2024 23:05 JST
Start of Demonstration Test of Two-Phase Direct-to-Chip Cooling in the Air-Cooled Data Center
Nov 20, 2024 15:30 JST
Rozebalamin for Injection 25mg (Mecobalamin) for Amyotrophic Lateral Sclerosis Launched in Japan
Nov 20, 2024 11:51 JST
Anticancer Agent "TASFYGO Tablets 35mg" (Tasurgratinib Succinate) Launches in Japan for Biliary Tract Cancer with FGFR2 Gene Fusion or Rearrangements
Nov 20, 2024 10:24 JST
Kingsoft Announces 2024 Third Quarter Results
Nov 19, 2024 18:54 JST
NTT and Olympus Joint Demonstration Shows IOWN APN's Low-latency Capability Can Be Used for Real-time Diagnosis and Treatment on a Remote Server to Realize World's First Cloud Endoscopy System
Nov 19, 2024 15:30 JST
Supercomputer Fugaku retains first place worldwide in HPCG and Graph500 rankings
Nov 19, 2024 09:02 JST
More Latest Release >>
Related Release
LANGHAM BEAUTY Green Vitality
November 27 2024 22:05 JST
Champion REIT Recognised as 'GRESB Global Listed Sector Leader'
November 05 2024 18:11 JST
Three Garden Road Achieves WiredScore Platinum Certification
August 20 2024 19:31 JST
Champion REIT Announces 2024 Interim Results
August 19 2024 20:02 JST
Champion REIT Securing New Loan Facilities
June 03 2024 17:21 JST
Three Garden Road Achieves LEED v4.1 Platinum Certification, Scoring Highest in Hong Kong
March 07 2024 18:30 JST
Champion REIT Announces 2023 Annual Results
February 21 2024 19:00 JST
Champion REIT Illuminated Hong Kong CBD by "Sharelebrating" Joy with Community at its Premium Property Three Garden Road
December 05 2023 14:29 JST
Champion REIT Announces 2023 Interim Results
August 18 2023 19:32 JST
Champion REIT Hosts Inaugural ESG Forum
July 19 2023 18:56 JST
More Press release >>