Sasseur Real Estate Investment Trust (SG:CRPU) has released an update.
Sasseur Real Estate Investment Trust (Sasseur REIT) has reported a record-breaking RMB 276.1 million in sales across its four outlets during China’s Golden Week, marking a 28% year-on-year increase and a 55% rise from 2019 pre-pandemic figures. The Chongqing (Liangjiang) Outlet led the surge with sales jumping nearly 45% from the previous year. This growth reflects a wider recovery in China’s consumer sectors and a boost in domestic consumption.
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