Sasseur Real Estate Development Trust (Sasseur REIT)

Sasseur REIT FY18 DPU exceeds IPO forecast by 12.6%
SINGAPORE (Feb 18): The manager of Sasseur REIT announced a 4Q18 DPU of 1.999 cents, 28.1% higher than forecast. This also brings 2H18 DPU to 3.541 cents and FY18 DPU to a total of 5.128 cents. Sasseur REIT offers investors the unique opportunity to invest in the fast-growing retail outlet mall sector in China through its initial portfolio of four quality retail outlet mall assets. 4Q18 ...
Sasseur REIT prices IPO units at 80 cents each; seeks to raise $396 mil
SINGAPORE (Mar 21): Sasseur Real Estate Development Trust, is seeking to raise $396 million in an initial public offering in Singapore. In its prospectus filed with the Monetary Authority of Singapore, the owner of retail malls in China said it has selling a total of 495 million units at 80 cents each. The offering includes a public tranche of 13.8 million and a placement tranche of ...