Sasseur REIT

Both Sasseur REIT and ARA US Hospitality Trust could experience revaluation losses this year if their total rental revenues continue to fall. However, the negative impact will affect ARA US Hospitality Trust a lot more.

KGI initiates Sasseur REIT with 'outperform' on rosy outlook.

Top management at Sasseur REIT, which owns a portfolio of malls in China, have gone on a shopping spree of their own now that their malls have reopened.

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.

CapitaLand Retail China Trust (CRCT), along with other real estate investment trusts with Chinese shopping centres such as Sasseur REIT and BHG Retail REIT are facing a challenging first quarter of the year.

“As the situation relating to the spread of the virus remains uncertain and fluid, it is currently difficult for the manager to ascertain the full financial impact of the crisis on the financial performance of Sasser REIT,” the manager says.

(Dec 13): Two real estate investment trusts with Chinese properties outperformed the sector since the start of Dec, Sasseur REIT and EC-World REIT.

SINGAPORE (Aug 6): The manager of Sasseur REIT reported 2Q19 DPU came in at 1.608 cents, exceeding projection by 10.5%.

SINGAPORE (Apr 4): Singapore REITs (S-REITs) have a seen net institutional inflows of $82.7 million, $42.7 million and $114.2 million for the respective first three months of 2019, according to recent SGX data for 1Q19.

SINGAPORE (Feb 20): Maybank Kim Eng is maintaining its “buy” call on Sasseur REIT while leaving its forecasts and target price of 90 cents unchanged.