Sasseur Reit
Sasseur Reit Q3 rental income up 4.9% at 166.3 million yuan
Total outlet sales cross one billion yuan in the quarter
Sasseur Reit manager’s CFO Xie Jianfeng resigns
The 46-year-old will pursue ‘other business opportunities in China’
Sasseur Reit posts 3.1% lower H1 DPU of S$0.03055
Distributable income stands at S$42.4 million for the period, down 0.6% from S$42.7 million in H1 2024
Sasseur Reit receives up to 508 million yuan from sponsor for refinancing
The rate is pegged to China’s five-year loan prime rate
Sasseur Reit posts 1.6% rise in Q1 rental income to 175.4 million yuan
However, rental income was lower in Singapore dollar, due to depreciation of yuan
Sasseur Reit CEO Cecilia Tan steps down
The board said Tan is resigning to pursue other professional interests
Sasseur Reit posts 0.1% rise in H2 DPU to S$0.02929 on resilient rental income
The distribution will be paid on Mar 27, after the record date on Mar 18
Sasseur Reit Q3 rental income falls 2% to 158.6 million yuan
Rental income in Singapore-dollar terms declines 3.6% due to depreciation of the yuan against the Singapore dollar
Sasseur Reit hits record 276.1 million yuan Golden Week sales as China’s domestic consumption surges
Its portfolio outlet sales have risen nearly 28% year on year
Sasseur Reit focuses on operational resilience, financial prudence to ride out sector headwinds
It aims to build a robust internal corporate culture that prepares the group and employees for the intense competition in the future
