News about Sasseur Real Estate Investment Trust —
Sasseur REIT makes its first purchase since being listed by acquiring shop units at Hefei Outlets. With a total gross floor area of 6,133 m². the tenanted units have a WALE of 5.4 years. The transaction of RMB 98.3 million (about S$19.6 million) will be funded by existing cash, and the manager expects the acquisition to be both DPU and NAV accretive.