Sasseur REIT lifts income 2.8% in FY 2025 as value slips

FY2025 distributable income rises to S$85.7m on 98.8% occupancy and strong balance sheet.

Sasseur Real Estate Investment Trust's (Sasseur REIT) fiscal year (FY 2025) distributable income increased 2.8% year-on-year (YoY) to $85.7m, whilst distribution per unit (DPU) inched up 0.9% YoY Singapore cents.

Portfolio occupancy remained high at 98.8%, with no single tenant accounting for more than 5% of gross revenue, the company said in a local bourse filing.

Retail outlets in China continued to perform steadily, with Chongqing Liangjiang achieving $460m (RMB 2.5b) in outlet sales.

The REIT maintained a strong balance sheet, with aggregate leverage at 25.1% and an interest coverage ratio of 4.7x, supported by refinancing and 100% RMB-denominated debt. Total portfolio value, however, was $1.54b (RMB 8.36b), down 0.7% from FY2024.

Management said it expects stable cash flows and distributions in 2026, supported by resilient operations and disciplined capital management.

Follow the link for more news on

Sasseur REIT

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia