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.

Sasseur Reit plans up to S$600 million IPO in March

 

See other Singapore REITs here.

Singapore REIT Fundamental Analysis Comparison Table – 12 Feb 2018

Capitaland: Fall Into Support Zone

Capitaland is getting closer to a very important Resistance Turned Support Zone. This support zone have been tested 4 times for past 1 year. Will Capitaland rebound from here? Also interesting to take note that this support zone is also within the 50% Fibonacci Retracement level.

Break or rebound? There is definitely a trading opportunity! Keep a close eye on reversal candlestick formation.