Sasseur REIT
Sasseur REIT is the first outlet mall REIT to be listed in Asia, with an initial portfolio comprising four retail outlet malls located in the People's Republic of China.
See below for the Latest Sasseur REIT News, Analysis, Profit Results, Share Price Information, and Commentary.
Sasseur REIT trustee-manager’s stake drops after sale of 3 million units
Sasseur REIT trustee-manager’s stake drops after sale of 3 million units
It disposed of its units for $1.98m.
Sasseur REIT income and DPU fall amidst rental income dip
DPU for the period dipped 5.1% YoY.
Sasseur REIT EMA rental income slips 1.4% in Q1 2024 due to weak yuan
Outlet sales also fell 2.6%.
Sasseur REIT declares 4.6% YoY lower DPU in FY23
It also recorded a 5.8% YoY decline in its distributable income.
Sasseur REIT extends the maturity of $58m sponsor loan by 1 year
The loan will mature in March 2025.
Sasseur REIT’s DPU drops 2,6% YoY in 1H23
On a like-for-like currency basis, DPU would have been higher by 8.1% YoY.
Sasseur REIT EMA rental income dip 2.1% to $33.1m in Q1
But its DPU grew 1.5% to 1.849 cents.
Sasseur REIT posts highest Q3 DPU in four years
The DPU for Q3 was $0.01838.
Sasseur REIT DPU dips 1.6% after negative impact from China lockdowns
However, it still reported a DPU of $3.410, the highest half-year DPU in four years.
REITs: Top 10 outperformers for first half of May
The normalisation in Singapore has bode well for REITs in the retail sector.
Sasseur REIT posts record-high Q1 distributable income of $24.7m
The Q1 distributable income translates to a 3.6% YoY higher DPU of $0.01822.
Sasseur REIT’s DPU drops 1.8% YoY to $0.019 in Q4 2021
This is due to the retention of its distributable income.
Sasseur REIT’s DPU rises 3.8% YoY to $0.01831 in Q3
This is the REIT’s highest Q3 DPU since its IPO listing in 2018.
Sasseur REIT income increased 19.7% to $21.6m in Q2 2021
This is due to active leasing activities and improvement in operating performance.
Commentary
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