Sasseur REIT's manager also announced that the parties have entered a supplementary agreement to amend certain terms and conditions of the sponsor loan agreement.
Sasseur REIT's manager announced the REIT's subsidiaries and its sponsor have agreed to extend a sponsor loan of RMB308 million ($56 million) that was scheduled to mature in March 2025, to March 2030.
On Dec 7, 2023, the REIT and sponsor had agreed to extend the loan to March 2025.
