Sasseur REIT's (SGX:CRPU) entrusted management agreement (EMA) income ticked up 5.7% year on year to 185.5 million yuan in the first quarter, according to a Thursday filing with the Singapore Exchange.
Portfolio occupancy stood at 98.5%, backed by a weighted average lease expiry of 1.6 years as of March 31.
Total outlet sales jumped 11% year over year to 1.39 billion yuan, the China-focused REIT said.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments