Sasseur Asset Management Pte. Ltd. (SAMPL), the manager of Sasseur Real Estate Investment Trust (Sasseur REIT), has announced a 10.2% year-on-year increase in distribution per unit (DPU) for the first half of 2026, reaching 3.366 Singapore cents. This performance is attributed to a 7.4% rise in portfolio sales and reduced finance costs.
The Entrusted Management Agreement (EMA) rental income also saw a 6.8% year-on-year increase, contributing to the robust earnings growth. The weighted average cost of debt was reduced to a record low of 3.7%, further bolstering financial performance.
Despite challenges in China’s consumer environment, Sasseur REIT benefits from ongoing policy support for domestic consumption. Vito Xu, Chairman of SAMPL, stated, “As consumers increasingly seek quality products at compelling value, Sasseur REIT remains well-positioned to capture sustainable long-term growth.” He emphasised the importance of Sasseur Group’s support through its outlet operating platform, brand relationships, and disciplined capital allocation.
The company remains focused on enhancing competitive advantages through operational excellence, innovation, and customer-centric initiatives. With a resilient portfolio, prudent balance sheet, and experienced management team, Sasseur REIT is committed to delivering sustainable long-term value to its unitholders.
