Dasin Retail Trust's Shiqi Metro Mall, which is expected to be inducted by mid-2017. (Photo: Dasin Retail Trust)

A sale and purchase agreement reached between Dasin Retail Trust and two ARA Asset Management has fallen through.

The trust announced on 5 July that its chairman, Zhang Zhencheng, and Aqua Wealth Holdings, have formally terminated the agreement with two subsidiaries of ARA Asset Management.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.