The CEO of Sasseur REIT's manager, Cecilia Tan. (Sasseur REIT)The CEO of Sasseur REIT's manager, Cecilia Tan. (Sasseur REIT)

Data from Sasseur REIT’s latest disclosure has been updated into the Singapore REITs table.

The number of outlet malls across China may have swelled over the last few years, but Sasseur REIT is confident that it will be able to withstand the competition.

This was the assurance given by the CEO of the REIT’s manager, Cecilia Tan, on 10 May in response to questions from REITsWeek during a call to discuss its latest financial results.

Sasseur REIT reported on the same day that its outlets sales for 1Q 2023 increased by 17.9% year-on-year to RMB1,292.6 million.

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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.