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Brokers' take

Sasseur Reit | Buy
Target price: S$0.97
Feb 20 close: S$0.77

DBS Equity Research, Feb 20

We remain bullish on Sasseur Reit's prospects given its exposure to the fast-growing Chinese outlet mall industry, which is projected to grow at a compounded annual growth rate of 24 per cent from 2016-2021 via its initial portfolio of four outlet malls located in Chongqing, Bishan, Hefei and Kunming. At current level, Sasseur Reit offers an attractive forward FY19 yield of 9.4 per cent, which is among the highest...

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