Singapore’s REIT market will soon welcome a new member – Sasseur Real Estate Investment Trust – which will become the very first ‘outlet mall’ REIT to be listed in Asia. Just two weeks ago, Sasseur REIT lodged its prospectus with the MAS for an initial public offering of 13.8 million shares to the public at 80 cents each. If you’re interested, you can download and read the prospectus here (all 728 pages of it!).

Sasseur REIT IPO prospectus.

You only have a couple more days to consume it though, before applications for the IPO close on Monday, 26 March 2018, at 12 p.m. But if you don’t have the time to read all 728 pages before the deadline, let me help you out since I’ve gone through the document myself and was fortunate enough to be invited to the Sasseur REIT IPO roadshow recently.

Sasseur REIT IPO …