Debt financing
ADIA-backed Lake Shore gets Rs.1,200-Cr green loan for Thane Mall from HSBC
Abu Dhabi Investment Authority (ADIA)-backed institutional investor Lake Shore has raised over INR 1,200 crore from HSBC Commercial Banking through a sustainability-linked loan for its retail property Viviana Mall in Thane.The investor has raised the funds through group entity Salsette Developers that owns the retail property.Viviana Mall is spread across three levels and is located on a land parcel over 11.7 acres. It is occupied by over 250 domestic and global retailers including Zara, H&M, Cinepolis, Lifestyle, Reliance Retail, M&S and Shoppers Stop.
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