Sasseur Reit – A New China Retail REIT coming to Singapore Exchange in Mar 2018

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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.

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Capitaland: Fall Into Support Zone

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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.

Continue ReadingCapitaland: Fall Into Support Zone

Cromwell European REIT (CEREIT) IPO Balloting Result

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Cromwell European REIT (“CEREIT” or “Crownwell”) announced that its public offering was 3.1x subscribed. The over-allotment option was exercised as well.

Cromwell European REIT IPO Balloting Result announcement.

See the summary of Cromwell European REIT IPO Prospectus here.

Symbol for Cromwell European REIT (CEREIT) in Singapore Stock Exchange is CNNU.SI

Compare to other Singapore REITs here.

 

Check below on other events:

REITs Investing Course

REITs Portfolio Advisory 

Continue ReadingCromwell European REIT (CEREIT) IPO Balloting Result