SINGAPORE (June 11): KGI Securities is initiating coverage on Sasseur REIT with an “outperform” recommendation and a target price of 89 cents. In a Thursday report, analyst Joel Ng says, “While Sasseur's 1Q20 DPU declined 19% y-o-y due to the lockdown measures in China, the REIT's long-term gr...

SINGAPORE (June 3): As Singapore gradually reopens from its circuit breaker measures, DBS analyst Derek Tan and its Singapore research team believe that retail REITs are the “preferred” sector due to earlier-than-anticipated mall openings. While about 90% - 95% of retail malls and tenants will b...

SASSEUR Real Estate Investment Trust (Sasseur Reit), which owns outlet malls in China, posted a 19.4 per cent drop in its distribution per unit (DPU) to 1.334 Singapore cents for its first quarter ended March 31, 2020, from 1.656 cents a year ago.

Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No Combined sales ...

SINGAPORE (May 14): The manager of Sasseur Real Estate Investment Trust (Sasseur REIT) has declared a distribution per unit (DPU) of 1.334 cents for the 1Q20 ended March. This quarter’s DPU, which fell 19.4% y-o-y, represents 100% of the total distributable income of $16.0 million, which fell 18....

Submitted By:  Nathanielle Punay Case Study:  No Chongqing nabbed the largest share of the first-day spring sales at $5.16m. Sasseur REIT’s four outlet malls ...

THE four outlet malls under Sasseur Real Estate Investment Trust (Sasseur Reit) in China registered robust first-day sales as its annual Spring Sales kicked off last month.

THE four outlet malls under Sasseur Real Estate Investment Trust (Sasseur Reit) in China registered robust first-day sales as its annual SpringSales kicked off last month.

SINGAPORE (May 4): Sasseur Real Estate Investment Trust (Sasseur REIT) has reported “strong first-day sales” of RMB47.2 million (S$9.5 million), for its annual Spring Sales. This is 411% higher than its first-day reopening sales registered in March. Possibly due to pent-up demand during the Cov...

SINGAPORE (Apr 14): Pent-up demand within the consumer discretionary space as China comes out of a lockdown could benefit Sasseur REIT’s outlet malls, according to DBS Group Research. All four outlet malls in Sasseur REIT’s portfolio reopened around mid-March. And shoppers have come flocking ba...