Sasseur Reit IPO is more than 3.7 times subscribed

See Sasseur REIT IPO Prospectus here.

See other Singapore REITs here.

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.