We believe that the impact of the Covid-19 outbreak on our outlet business is for the short term. As the situation improves in China, businesses are promptly resuming operations to cater to the returning consumers.
SINGAPORE (Mar 27): Sasseur REIT is Asia’s first listed outlet mall REIT, with an initial portfolio comprising four retail outlet malls in China (in Chongqing, Bishan, Hefei and Kunming), offering investors the opportunity to invest in the country’s fast-growing retail outlet mall sector. The REIT is supported by its sponsor Sasseur Group. It also leverages the extensive networks of the sponsor’s strategic shareholders, namely L CattertonAsia and Ping An Real Estate.
What is Sasseur REIT’s take on the outlook for 2020, taking into account the economic disruption from the impact of Covid-19 on China and globally?
