Sasseur REIT: FX Headwind To Weigh On Performance

Sasseur REIT - Phillip Securities 2025-05-16: FX Headwind To Weigh On Performance

Sasseur REIT: FX Headwind To Weigh On Performance

SGinvestors.io

Published: 2025-06-16 03:02 PM

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1Q25 outlet sales were dragged by the performance of Hefei mall (-3.9% y-o-y) and Kunming mall (-2.9% y-o-y), which was partially offset by the increasing contribution from Chongqing Liangjiang outlet (+1.3% y-o-y) due to new product offerings. Portfolio Sales improved by +1.2% y-o-y from Jan to Feb 25, driven by CNY promotional events, but subsequently saw a slowdown in Mar 25.

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The Positives

Cost of borrowing to continue trending down.

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Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

SGinvestors.io

Liu Miao Miao Phillip Securities Research | https://www.poems.com.sg/ 2025-05-16

Previous report by Phillip:
2025-02-21 Sasseur REIT - FY25e Sales To Grow By Low-single-digit.

Price targets by other brokers at Sasseur REIT Target Prices.

Listing of research reports at Sasseur REIT Analyst Reports.

Relevant links:
Sasseur REIT Share Price History,
Sasseur REIT Announcements,
Sasseur REIT Dividend Payout Dates & Corporate Actions,
Sasseur REIT News