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.