Sasseur REIT reopens Chongqing and Bishan outlet malls

Its China malls were temporarily shuttered seven weeks ago due to the outbreak.

Sasseur REIT is reopening its Chongqing and Bishan outlet malls on 15 March after seven weeks of temporary closure, an announcement revealed.

With their reopening, the REIT has now recommenced full operations of its mall outlets in China. Sasseur REIT’s Kunming and Heifei outlet malls were reopened earlier on 11 March and 13 March, respectively.

During the almost two months of disrupted operations, Sasseur REIT continued to receive the fixed component of its income from Sasseur Cayman Holding in accordance to the Entrusted Management Agreement (EMA) and variable component. This will provide stable returns for investors, according to the REIT.

“Therefore, [Sasseur Asset Management] is of the view that the financial impact to Sasseur REIT should not be material for the full year due to the relatively short closure period of approximately seven weeks,” the press statement concluded.

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