With the outbreak of the 2019 Novel Coronavirus (CoV) in Wuhan, there are two REITs that I have found that the share price was impacted by the virus outbreak. They are CapitaLand Retail China Trust and Sasseur REIT.

CapitaLand Retail China Trust has 13 malls in China. CapitaMall Minzhongleyuan in Wuhan is closed and will reopen when local conditions permit. The mall represented less than 3% of CRCT’s portfolio value as at 30 September 2019 and contributed approximately 0.5% of CRCT’s net property income for the first nine months of 2019. The remaining 12 malls located in various cities such as Beijing, Shanghai, Guangzhou and Chengdu are operating shorter hours, in line with local government guidelines.

The share price of CapitaRetail China Trust has fell to as low as S$1.53 on 28 Jan 2020.

Sasseur REIT, which has 4 malls in China has implemented temporary closure of the