The newest Reit to IPO on local bourse is Sasseur Reit, touted to be the first outlet mall Reit to be listed in Asia. It comprises an initial portfolio of four outlet malls located in Chongqing, Kunming and Hefei and offers investors the opportunity to invest in China's fast-growing retail outlet mall sector.
Local investors now have another option to gain exposure to the retail consumption sector in China, dovetailing into the trend of growing middle class with increasing affluence.
But are there alternatives in the local stock exchange that grant similar exposure to investors? You bet. Off the top of my mind, there are 3 other retail Reits with comparable assets : Capitaland Retail China Trust (CRCT), BHG Retail Reit (BHG) and Dasin Retail Trust (Dasin).
There are many good analysis on sasseur done by other bloggers (mentioned later part of article). This article should supplement their analysis as ......