Sasseur Reit – A New China Retail REIT coming to Singapore Exchange in Mar 2018
Another Retail Malls REIT is coming to get listed in Singapore Stock Exchange after BHG Retail REIT and Dasin Retail Trust.
Quick Facts for Sasseur
- Sponsor: SASSEUR Group, a Shanghai-based developer and operator of outlet malls
- IPO Size = S$500 Million to S$600 Million
- Planned Listing Date: Mar 29, 2018
- Portfolio: 4 Retail outlets valued at about S$1.5 Billion
- Location of the portfolio: Chongqing, Bishan, Hefei and Kunming.
- Indicate Yield = 7% (2018)
See the press release here.
See other Singapore REITs here.