Chairman of Sasseur REIT's manager, Vito Xu. (Photo: Sasseur REIT)

Despite the threats of a prolonged trade, and a more moderate Chinese economy, Singapore listed but China-focused Sasseur REIT, remains optimistic of its prospects for the years ahead.

The REIT, which currently has a portfolio of four outlet mall properties across China, recently reported a distribution per unit (DPU) of 1.999 Singapore cents for its 4Q 2018.

This figure is 28.1% higher than what was forecast at its initial public offering (IPO).

Read: Sasseur REIT DPU for 4Q 2018 beats forecast by 28%

In an interview with REITsWeek on 19 February, Chairman of the REIT’s manager, Vito Xu, boils the group’s performance, and continued optimism for the future down to two reasons:

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By Ridzwan Rahmat

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