Shares & Derivatives
Sasseur REIT Review @ 18 November 2022
By REIT-TIREMENT  •  November 18, 2022
Basic Profile & Key Statistics
  • Main Sector(s): Retail
  • Country(s) with Assets: China
  • of Properties (exclude development/associate/fund): 4
Key Indicators Performance Highlight In SGD term, EMA rental decline slight while distributable income and DPU improved slightly yoy. Sales Besides Hefei Outlets, all outlet sales amount has dropped yoy. The decline is due to the local government's directives to conserve electricity during the heatwave period in Aug which affected Chongqing Liangjiang and Chongqing Bishan Outlets as well as temporary closures of Chongqing Bishan and Kunming Outlets due to the COVID cases. Asset Enhancement Initiatives AEI of Chongqing Liangjiang Outlets VIP Lounge is in progress and expected to be completed by this year-end. Sensitivity to Interest Rate For every 1% increase in interest rate, DPU impact would be 0.2 cents, which is equivalent to 2.8%. Related Parties Shareholding
  • REIT sponsor's shareholding: Above median for more than 20%
  • REIT manager's shareholding: Above median for more than 10%
  • Directors of REIT manager's shareholding: Above median for more than 20%
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By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
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