SG Talk

SASSEUR Real Estate Investment Trust (Sasseur Reit) , which owns outlet malls in China, posted a distribution per unit (DPU) of S$0.019 for the 3 months ended Dec 31, 2021, down 1.8 per cent from a record high of S$0.01935 in the year-ago period.

If the Reit did not retain S$2.2 million of distributable income to fund asset enhancement initiatives and for working capital purposes, Q4 DPU would have been 7.4 per cent higher at S$0.02079, manager said in a bourse filing on Friday (Feb 18).


Distributable income rose 8.4 per cent to S$25.3 million in the fourth quarter, from S$23.3 million the year before. The distribution will be paid on Mar 29, after the record date on Mar 18.

The Reit's rental income under its entrusted management agreements (EMAs) was S$35.4 million, up 2.2 per cent from S$34.7 million the year before. Excluding straight-line adjustments, EMA rental income was 4.1 per cent higher at S$33.6 million, from S$32.3 million posted in the year-ago period.


Sasseur Reit units ended Thursday 1.8 per cent or S$0.015 higher at S$0.83.

Should have a Stock Talk section for these

(18-02-2022, 11:11 AM)Bluebull Wrote: [ -> ]Should have a Stock Talk section for these

CHANGE TO HALF-YEARLY REPORTING AND CONTINUATION OF QUARTERLY DISTRIBUTIONS

Following the amendments to the Listing Manual of the SGX-ST which came into effect on 7 February 2020, Sasseur REIT will adopt half-yearly reporting of its financial results with effect from 1 January 2022. The next financial results reporting will be for the six-month period ending 30 June 2022.

The Manager also wishes to state that Sasseur REIT will maintain its quarterly distributions to all unitholders and will provide business and operational updates between the announcements of halfyearly financial results.

https://links.sgx.com/FileOpen/Sasseur_R...nouncement& FileID=702554

Sasseur REIT will maintain its quarterly distributions to all unitholders and will provide business and operational updates between the announcements of halfyearly financial results.

(18-02-2022, 11:34 AM)Teeth53 Wrote: [ -> ]Sasseur REIT will maintain its quarterly distributions to all unitholders and will provide business and operational updates between the announcements of halfyearly financial results.

Quarterly is roughly 2cts?...so 7-8cts a year.

Looks too good ? Yield is 8-10%?

I did I get it right?

I just extracted ....8+% yield.
On surface does not look bad at all.

Any catch? I was thinking assets are leasehold ...but have not done actual  check. So if 25yr lease you need to minus 2-3% from the yield ...due to lease shortening.

Sexy reit? Will give special?

(18-02-2022, 11:55 AM)sgbuffett Wrote: [ -> ]Quarterly is roughly 2cts?...so 7-8cts a year.

Looks too good ? Yield is 8-10%?

I did I get it right?

Sasseur REIT's is taking off, Hurrr....

Check high and low finally found it.

Properties have average 30yrs left.

If one factors this in as a ling term investment it is okay but not excellent.

(18-02-2022, 12:23 PM)Teeth53 Wrote: [ -> ]Sasseur REIT's is taking off, Hurrr....

 BBs-13:00:20...0.850...200.000 share... huat  ahhhh.