Sasseur REIT has turned down an opportunity to acquire the Sasseur (Xi'an) Outlets property in China, signalling a strategic pivot towards Southeast Asian markets as it seeks higher-quality, yield-enhancing investments.
The REIT's trustee, DBS Trustee Limited, rejected the offer from sponsor Sasseur Cayman Holding Limited on 27 January 2026.
This offer was made under a right of first refusal agreement dated 1 March 2018, in connection with a proposed acquisition by a commercial property trust planned for listing on the Shanghai Stock Exchange.
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