This brings FY2020 DPU to 6.545 cents, 0.2% higher than 6.533 cents last year.
Following Sasseur REIT’s latest FY2020 results announcement, analysts are remaining positive on the REIT as it seems that the China-based outlet mall REIT is seeing high traction from consumers looking for a bargain.
Distribution per unit (DPU) for the 4QFY2020 period increased by 18.8% y-o-y to $1.935 cents, with income available for distribution to unitholders coming in 19.7% higher at $23.3 million.
