Sasseur REIT is a REIT that holds 4 retail outlet malls in the PRC with Sasseur Cayman as the sponsor for the IPO this time round.
Sasseur REIT 1. Sponsors:
Sponsor for Sasseur REIT is Sasseur Cayman, with Mr Vito Xu as the chairman for Sasseur Cayman and Sasseur Group.
Sasseur Cayman is a privately-owned outlet mall operator in China which counts L Catterton Asia Advisors (formerly L Capital Asia Advisors) and Pingan Real Estate as strategic shareholders. L Catterson is an affiliate of LVMH while Pingan Real Estate is a property giant managing about RMB 300 billion worth of asset.
Cornerstone Investor includes for Sasseur REIT includes:
1. Adroitt Ideology (Subsidiary of JD.com – China’s e-commerce giant)
2. Bangkok Life Assurance Pcl.
3. CKK Holdings Pte Ltd (Charles & Keith)
4. Credit Suisse AG, Singapore Branch and Credit Suisse AG, Hong Kong Branch
5. DBS Bank Limited
6. Entrepolis Limited
7. Great Achievement & Success Pte Ltd
8. Haitong International …