Basic Profile & Key Statistics Dasin Retail Trust (DRT) is listed as Business Trust but operates similar to REIT. DRT invests in 7 retail properties in Guangdong province, China. Share outstanding is as per the end of June 2020, without adding new units from private placement in July 2020 for the acquisition of 2 properties. Lease Profile Occupancy is slightly high at 97% and income is received in RMB. WALE is moderate at 4 years where the highest lease expiry of 29.9% falls in FY2025 & beyond, no breakdown provided. Weighted average land lease expiry is short at 23.66 years, common for China properties. Debt Profile Gearing ratio is slightly high at 37.9%. Cost of debt is high at 5.5% despite all debts are secured debt. Fixed rate is low at 30.1% which is favorable in the current low interest environment. Interest cover ratio is low at 2.3 times. WADE is short at 1.95 years where the highest least maturity of 71% falls in the year 2021....