Sasseur REIT

Sasseur REIT navigates China’s outlet mall sector with innovation and resilience - THE EDGE SINGAPORE

Billion Dollar Club 2024

Sasseur REIT navigates China’s outlet mall sector with innovation and resilience

Sasseur REIT takes home the top weighted return on equity (ROE) award over three years in the REIT section of the Centurion Club.
S-REIT winners in the Centurion Club offer stable yields with some growth  - THE EDGE SINGAPORE

Billion Dollar Club 2024

S-REIT winners in the Centurion Club offer stable yields with some growth

The sponsors of overall sector winner United Hampshire US REIT are UOB Global Capital and The Hampshire Companies

REITs

Sasseur REIT enjoys record occupancy but rental income for 3QFY2024 down on lower tenant sales

Sales were hurt by 'exceptional' events including a persistent heatwave
Sasseur REIT achieves record breaking aggregate sales of RMB276.1 mil across four outlets in China during Golden Week - THE EDGE SINGAPORE

REITs

Sasseur REIT achieves record aggregate sales of RMB276.1 mil across four outlets in China during Golden Week

This marks an increase in portfolio outlet sales of nearly 28% y-o-y and a surge of close to 55% compared to pre-pandemic levels in 2019.

Insider moves

Sasseur REIT trustee-manager disposes of 3 mil units via married deal

The units were sold for $1.98 million or 66 cents per unit.

Results

Sasseur REIT reports 1HFY2024 DPU of 3.153 cents, 5.1% lower y-o-y

Unitholders will receive their distributions on Sept 26.

Broker's Calls

Shipping and banks are biggest gainers for April, as equities are up 2.1%: PhillipCapital

Inflation hedges or high-interest rate beneficiaries are Singapore banks, the brokerage adds.
CapitaLand China Trust and Sasseur REIT are local proxies for the ‘China for China’ theme - THE EDGE SINGAPORE

REIT Watch

CapitaLand China Trust and Sasseur REIT are local proxies for the ‘China for China’ theme

Comparing CapitaLand China Trust and Sasseur REIT, which have yet to partake in the China equity market rally.
Sasseur REIT’s Cecilia Tan: Consumption downgrade benefits us - THE EDGE SINGAPORE

kopi-C: the Company brew

Sasseur REIT’s Cecilia Tan: Consumption downgrade benefits us

'When people want to save money without compromising their lifestyle, they turn to outlet malls'
Sasseur REIT takes overall sector win with outlet mall focus - THE EDGE SINGAPORE

Billion Dollar Club 2023

Sasseur REIT takes overall sector win with outlet mall focus

Sasseur REIT’s outlets will benefit from consumer-driven recovery
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