Sasseur REIT property, Sasseur (Chongqing) Outlets, in Chongqing City. (Photo: Sasseur REIT)

Sasseur Cayman Holding Limited has acquired 600,000 units of Sasseur REIT.

Units of the REIT were acquired on 22 October via a market transaction for approximately SGD390,884 (USD283,000).

The acquisition has increased Sasseur Cayman’s deemed interest in the REIT to 679,305,600 units, representing a stake of 57.55%.

To read the full article, please login or subscribe.

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.