Sasseur REIT is an upcoming Chinese outlet mall portfolio that is currently open for IPO applications and will soon be listed on SGX. This is the third retail REIT in the People's Republic of China (PRC) to be listed here - BHG and Daisin Retail Trust are the other two - pointing to the growth in the spending power of the Chinese middle class, which is expected to continue growing. With a CAGR of over 24% per annum, it is expected that China outlet malls will become the biggest in the world by 2030, surpassing the outlet mall markets in Europe and USA. While I wouldn't place too much emphasis on these estimates, I would however review this IPO as both a dividend and growth stock for the future. You'll currently be buying into a portfolio of 4 retail outlet malls located in Chongqing, Bishan, Hefei and Kunming ......