Sasseur REIT

#SasseurCelebratesSuccess 🎉 🎊Sasseur REIT Wins #Highest #Three-Year #Return on #Equity for Second Consecutive Year! We are delighted to announce that Sasseur REIT has once again clinched the Highest Three-Year Weighted Return on Equity at The Edge Singapore Centurion Club Awards 2024, marking a remarkable achievement for the second year in a row! 🥳 ✨This recognition highlights our #exceptional #financial #performance and #resilience. Since our listing in 2018, we've delivered a 52.1% total return to unitholders, outperforming both the FTSE ST REIT Index (26.3%) and the FTSE Straits Times Index (41.1%). 🏆The award reflects the dedication of our teams in Singapore and China. It underscores our focus on long-term value creation and our ability to navigate challenges in a dynamic market. Our outlet business model in China continues to thrive by offering consumers unmatched value and experiences. ✨With prudent capital and risk management, we maintain the #lowest #leverage ratio (25.5%) among S-REITs. We are proud of this accomplishment and remain focused on delivering strong, resilient growth to our unitholders. 😇A big thank you to our teams and unitholders for the continued trust and support as we continue to drive forward! #sasseur #reit #reits #outlet #award #equity

🎉 We were truly honored to present the investment merits of Sasseur REIT to the 𝗡𝗨𝗦 𝗘𝗠𝗕𝗔 (𝗖𝗵𝗶𝗻𝗲𝘀𝗲) class on Sunday March 16, 2025! 🙏 A special thanks to Prof Tien Foo Sing of NUS Business School for giving us the valuable opportunity to host a 𝗖𝗘𝗢 𝗙𝗶𝗿𝗲𝘀𝗶𝗱𝗲 𝗖𝗵𝗮𝘁 with these students from China from diverse industries, many of whom are business owners or senior officers in their respective organisations. 💡 During the nearly 2-hour engaging session, our CEO Cecilia HL Tan shared insights into 𝗦𝗮𝘀𝘀𝗲𝘂𝗿 𝗥𝗘𝗜𝗧’𝘀 𝗜𝗣𝗢 𝗷𝗼𝘂𝗿𝗻𝗲𝘆, its unique “𝗦𝘂𝗽𝗲𝗿 𝗢𝘂𝘁𝗹𝗲𝘁” 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗺𝗼𝗱𝗲𝗹, and its capital markets performance over the years, entirely in #Mandarin. The discussion on 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗺𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗮𝗻𝗱 𝗿𝗲𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗽𝗹𝗮𝗻𝘀 sparked an enthusiastic response, with many thoughtful and in-depth questions from the class. 👏 The session concluded with a 𝗹𝗶𝘃𝗲𝗹𝘆 𝗱𝗶𝘀𝗰𝘂𝘀𝘀𝗶𝗼𝗻 and a round of applause. We are grateful for the chance to 𝗲𝗻𝗴𝗮𝗴𝗲 𝘄𝗶𝘁𝗵 𝗱𝗶𝘃𝗲𝗿𝘀𝗲 𝘀𝘁𝗮𝗸𝗲𝗵𝗼𝗹𝗱𝗲𝗿𝘀 and help raise awareness of Sasseur REIT, both within the 𝗦𝗶𝗻𝗴𝗮𝗽𝗼𝗿𝗲 𝗥𝗘𝗜𝗧 𝘀𝗲𝗰𝘁𝗼𝗿 and the 𝗖𝗵𝗶𝗻𝗮 𝗼𝘂𝘁𝗹𝗲𝘁 𝗺𝗮𝗿𝗸𝗲𝘁. 🚀 We look forward to more exciting and meaningful engagements like this in the future! #SasseurREIT #SuperOutlet #InvestmentOpportunities #CapitalMarkets #REITs #Singapore #China #Finance #Leadership #Engagement #LifelongLearning

📢 𝗦𝗮𝘀𝘀𝗲𝘂𝗿 𝗥𝗘𝗜𝗧 𝗥𝗲𝗰𝗲𝗶𝘃𝗲𝘀 𝗣𝗼𝘀𝗶𝘁𝗶𝘃𝗲 𝗔𝗻𝗮𝗹𝘆𝘀𝘁 𝗙𝗲𝗲𝗱𝗯𝗮𝗰𝗸! 🎉📊 Sasseur REIT has garnered 𝗽𝗼𝘀𝗶𝘁𝗶𝘃𝗲 𝗳𝗲𝗲𝗱𝗯𝗮𝗰𝗸 from key analysts at CGS International, DBS, PhillipCapital, and Soochow CSSD Capital Markets. 📈✨ Our FY2024 performance is in line with market expectations, with all research houses maintaining their “ADD/BUY” ratings. ✅ 🔹 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀 𝗳𝗿𝗼𝗺 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗥𝗲𝗽𝗼𝗿𝘁𝘀: 📌 𝗖𝗚𝗦 𝗜𝗻𝘁𝗲𝗿𝗻𝗮𝘁𝗶𝗼𝗻𝗮𝗹 🔹 Rating: Maintain “Add” with a revised DDM-based TP of S$0.85 🔹 Portfolio occupancy improved to 98.9% by end-2024, driven by stronger take-up at Chongqing Bishan, Hefei, and Kunming outlet malls 🔹 Low gearing of 24.8%, with reduced interest costs to 5.3% YoY 🔹 Secured an ‘AAA’ investment-grade rating, enabling greater funding flexibility 📌 𝗗𝗕𝗦 🔹 Rating: Maintain “BUY” with TP of S$0.90, offering attractive forward yields of 8.4% 🔹 EMA rental income rose 0.9% YoY to RMB 664 million 🔹 FY24 DPU: 6.082 Scts (-2.7% YoY), in line with estimates 🔹 Portfolio occupancy reached a record high of 98.9% despite 3Q weather disruptions 📌 𝗣𝗵𝗶𝗹𝗹𝗶𝗽𝗖𝗮𝗽𝗶𝘁𝗮𝗹 🔹 Rating: Reaffirmed “BUY” with a revised DDM-TP of S$0.81 🔹 Strong sales recovery in 2H24, with outlet sales improving by 4.8% YoY 🔹 Borrowing costs continue to decline, enhancing financial efficiency 📌 𝗦𝗼𝗼𝗰𝗵𝗼𝘄 𝗖𝗦𝗦𝗗 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗠𝗮𝗿𝗸𝗲𝘁𝘀 (𝗦𝗖𝗖𝗠) 🔹 Rating: Reaffirmed “BUY”, with a lowered TP of S$0.86/unit due to updated FY25-27E DPU forecasts and a weaker RMB 🔹 Portfolio occupancy reached an all-time high of 98.9% in 4Q24 🔹 Secured a new sponsor loan to refinance existing debts at potentially lower rates 🙏 A big thank you to Mun Yee Lok, Geraldine Wong, Miaomiao Liu, and Ilvin Cornelis for their continued support! 🙌 📢 For full reports, please refer to: https://lnkd.in/gMDxtiyR #SasseurREIT #AnalystCoverage #InvestorConfidence #FinancialGrowth #REITs #InvestmentInsights #PortfolioSuccess #RealEstateInvestment 🚀📈

🔥Be #Fearless. Be #Unstoppable🔥 This #IWD International Women's Day 8th March 2025, let’s celebrate the #strength, #passion, and #resilience of women everywhere. 💪✨ "Be fearless in pursuing what sets your heart on fire." Whether it's breaking barriers in the workplace, chasing your dreams, or standing up for what you believe in—your courage defines you. At Sasseur REIT, we celebrate #IWD to honor the incredible achievements of women in every field. Today, we reaffirm our commitment to equality, empowerment, and supporting each other’s growth and success. 💜 To all the amazing women out there—keep pushing boundaries, keep shining, and never stop believing in yourself. Wishing you a day filled with empowerment, joy, and celebration! #BeFearless #PursueYourPassion #EmpowerWomen #IWD2025

🌏 Engaging with Malaysian Investors at the CGS International Securities Malaysia Webinar! 🎤📊 It was a privilege to connect with #Malaysian investors through the CGS International Securities Malaysia webinar! Sasseur REIT was honoured to present our #FY2024 results to an engaged audience of over 40 participants. Following the presentation, we held a lively Q&A session, where our senior management team— Ms. Cecilia HL Tan (CEO) 📌, Mr. JianFeng Xie (CFO) 💼, and Ms. Helen Qiu (Head of IR & Capital Markets) 📊—addressed insightful questions on our growth strategy, business model, refinancing plans, and the competitive landscape of China’s outlet market. A big thank you to CGS International Securities Malaysia for providing this valuable platform to engage with #Malaysian investors, and to Hailey Chung Wee Kye for moderating the session🤝 We look forward to more of such opportunities in the future! 🙌✨ For those who couldn’t attend, the full presentation is available here: https://lnkd.in/geDtSf6F #SasseurREIT #InvestorEngagement #CGSInternational #Malaysia #Webinar #GrowthStrategy #ChinaOutletMarket #REITs #InvestmentInsights

🌟 Sasseur REIT Unitholders Tour China Outlet🌟 This specially curated tour aims to provide unitholders a firsthand look at the thriving retail environment in the Kunming outlet. Our unitholders had the opportunity to see the vibrant outlet, meet with on-site teams, and gain deeper insights of the outlet. We believe that transparency and engagement are key to building trust and confidence among our investors. Thank you to all our unitholders for joining us on this insightful journey. We're committed to continuing our efforts to ensure your investments are well-informed and secure. #SasseurREIT #InvestorRelations #ChinaProperties #Transparency #InvestorConfidence

🚀 𝙎𝙖𝙨𝙨𝙚𝙪𝙧 𝙍𝙀𝙄𝙏 𝘼𝙣𝙣𝙤𝙪𝙣𝙘𝙚𝙙 𝙍𝙤𝙗𝙪𝙨𝙩 #𝙁𝙔2024 𝙍𝙚𝙨𝙪𝙡𝙩𝙨 𝙩𝙤𝙙𝙖𝙮! 🎉 Here are some 𝗸𝗲𝘆 𝗵𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀: ·        2H 2024 DPU of 2.929 cents Driven by Higher Distributable Income 📈 ·        Stable FY2024 EMA Rental Income and Distributable Income, supported by lower finance cost and tax expenses despite reduced sales year-on-year 🏢 ·        Portfolio occupancy at record high of nearly 99%; 4Q 2024 outlet sales up 4.8% YoY, reversing downward trend 📊 ·        Healthy balance sheet with historically low gearing of 24.8%, underpinned by stable property valuations 💰 ·        Diversified debt maturity profile with no refinancing needs in 2025 🔄 ·        “AAA” investment-grade rating from China Lianhe Credit Rating Co., Ltd., expanding our funding options within China 🌟 Preliminary sales data from this year’s Lunar New Year season 🧧 indicate strong buying momentum, with a double-digit sales growth across the portfolio’s outlets in January 2025. Given these positive indicators, we remain cautiously optimistic 🤞 about the sales outlook for our portfolio’s outlets in 2025. For more information, ℹ️📢 https://lnkd.in/gm2GDWpm #SasseurREIT #FinancialResults #RetailGrowth #RealEstate #InvestmentOpportunities #REITs #MarketUpdate #LunarNewYear #CNY #InvestorConfidence #Sustainability #AAAInvestment #GrowthMomentum

*̲𝐁̲𝐞̲𝐡̲𝐢̲𝐧̲𝐝̲ ̲𝐭̲𝐡̲𝐞̲ ̲𝐬̲𝐜̲𝐞̲𝐧̲𝐞̲𝐬̲ ̲𝐨̲𝐟̲ ̲𝐒̲𝐚̲𝐬̲𝐬̲𝐞̲𝐮̲𝐫̲ ̲𝐊̲𝐮̲𝐧̲𝐦̲𝐢̲𝐧̲𝐠̲ ̲𝐎̲𝐮̲𝐭̲𝐥̲𝐞̲𝐭̲ ̲𝐓̲𝐨̲𝐮̲𝐫̲*̲ The much anticipated video is finally released! 🤩Refer to the link below to access the video on a full tour of our Kunming Outlet. 𝘚𝘢𝘴𝘴𝘦𝘶𝘳 𝘒𝘶𝘯𝘮𝘪𝘯𝘨 𝘖𝘶𝘵𝘭𝘦𝘵 𝘛𝘰𝘶𝘳 𝘝𝘪𝘥𝘦𝘰: https://lnkd.in/gEv6cSXX For 2 days, Stephanie Tung Suh Mei and I have accompanied the Unitholders who have come to join Sasseur REIT and Chan Brothers Travel Pte Ltd on a tour to explore our Kunming Outlet, where the Unitholders finally get a glimpse of what they have invested! Together with Cecilia HL Tan, our Kunming team demonstrates warm 🔥 hospitality and bring our Unitholders to the🌃event where we count down to Year 2025. In the video below, you could see our Unitholders enjoyed the event as they join the crowd and dance to the blaring music🎙️🎶! As I watch the video, it brings back ecstatic memories of bobbing our heads to the songs💃🕺and not to forget, the memorable loud fireworks🎇😲! I strongly encouraged you to turn your volume up to the 𝗠𝗔𝗫 when watching the video, and join us in our countdown event as we welcome Year 2025! ㊗️

📢 We’ve just returned from an incredible journey at #Sasseur #Kunming #Outlet! ✈️🛍️ In January 2025, we successfully concluded the inaugural outlet tour, a strategic collaboration between Sasseur REIT and Chan Brothers Travel Pte Ltd. This #immersive experience not only provided valuable insights for our investors but also reinforced our #commitment to #delivering #exceptional #value to our unitholders and other stakeholders💡📈 As we prepare to announce Sasseur REIT's full-year results for 2024 on 20th Feb, we’re excited about the surprises and opportunities that lie ahead. 🚀 The Kunming Outlet has set the stage for even greater things to come! A new #chapter is unfolding, and in 2025, we look forward to welcoming you at Sasseur Outlets! 🎉 #SasseurREIT #RetailInnovation #InvestorExperience #KunmingOutlets #REITs #reit

On 10 February 2025, the SREITs and BT community came together for a Chinese New Year luncheon co-hosted by SGListCos. C-suites from leading SREITs and BTs gathered in a spirit of celebration and camaraderie, taking the opportunity to reconnect, share insights on market trends, and reflect on our collective successes from the past year, all while enjoying a meal rich in traditional flavors and good fortune. A heartfelt thank you to FundSuperMart/iFast, Power Select, SATS (their Twyst brand) and StarHub for their generous promotions offered to attendees. Here’s to friendship, collaboration, and shared success in the Year of the Snake! 🧧 🍊 🐍 Keppel DC REIT | BHG Retail REIT | NetLink NBN Trust | ESR-REIT | Keppel Infrastructure Trust (KIT) | Lendlease | Keppel REIT | CapitaLand | CapitaLand India | Stoneweg European REIT | SABANA Real Estate Investment Management Pte. Ltd. | Starhill Global Real Estate Investment Trust | YTL Starhill Global Property Management Pte Ltd | Far East Hospitality Management (S) Pte Ltd | Far East Hospitality Trust (FEHT) | Frasers Property Limited | OUE REIT | Elite UK REIT | AIMS APAC REIT | Keppel Pacific Oak US REIT (KORE) | United Hampshire US REIT | First REIT | Sasseur REIT | Prime US REIT | Daiwa Securities Capital Markets | Energy Market Company | City Developments Limited | Ascendas |SGX Group |