![\"Sasseur](\"https:\/\/cfi.co\/awards\/wp-content\/uploads\/2020\/11\/Sasseur-Logo.jpg\"){kind=logo}
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Singapore\u2019s Sasseur was the first outlet mall REIT (real estate investment trust) to be publicly listed in Asia. The Sasseur Group is a leading developer with a 31-year history of distributing fashion products and operating malls in China. Sasseur REIT operates under the Monetary Authority of Singapore to manage commercial real estate assets (outlet malls) in the People\u2019s Republic of China, a market projected to become the world\u2019s largest within the next decade. Sasseur REIT expects to see a boom in consumer spending as China\u2019s rising middle class engages in some high-end retail therapy. There are four outlet malls included in the REIT portfolio, each in the suburbs of high-growth cities \u2014 with more in the pipeline. Sasseur REIT\u2019s business model combines art, commerce and activities to create an ambience and elevate the shopping experience. An entrusted management agreement ensures an alignment of interests for the tenants and the REIT, promoting shared success and taking sales commission from tenants\u2019 rent. Mutually beneficial relationships \u2014 and more than 90 percent occupancy \u2014 have historically delivered for shareholders, and tenants and investors work together in an inclusive environment. Sasseur REIT properties transcend the image of traditional shopping malls and are recognised as lifestyle centres offering a range of retail, cultural, tourism and entertainment activities. The properties are replete with modern architecture, high-class amenities and sculpted green spaces. The CFI.co judging panel announces Sasseur REIT as winner of the 2020 Best Commercial REIT (Asia) award.<\/p>\n","protected":false},"excerpt":{"rendered":"
Singapore\u2019s Sasseur was the first outlet mall REIT (real estate investment trust) to be publicly listed in Asia. The Sasseur Group is a leading developer with a 31-year history of<\/p>\n","protected":false},"author":1,"featured_media":8485,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[3,11,53],"tags":[106,135],"class_list":["post-8483","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia-pacific","category-finance","category-front","tag-real-estate","tag-reit"],"yoast_head":"\n