Singapore: Sasseur REIT nets $303m in first Asia outlet mall IPO

Singapore: Sasseur REIT nets $303m in first Asia outlet mall IPO

Photo: Sasseur Group website

Sasseur Real Estate Investment Trust (Sasseur REIT), an outlet mall operator in China, has raised a total of S$396 million ($303 million) after successfully completing its initial public offering (IPO), which is the largest so far on the Singapore Exchange Securities Trading Limited this year.

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