Sasseur REIT Reports Stronger 3Q FY2025 Income And Enhances Debt Profile

SGX Filings11-13

Sasseur REIT announced its business and operational updates for the quarter ended Sep, 30 2025. The trust recorded a 4.9 % year-on-year rise in Entrusted Management Agreement (EMA) rental income to RMB166.3 million, supported by a 10.8 % increase in total outlet sales to RMB1.06 billion. Translated, EMA rental income amounted to 30.0 million Singapore dollars, up 2.6 % on the same period last year. Portfolio occupancy averaged 98.5 %, while the weighted average lease expiry stood at two years.

For the nine months to Sep, 30 2025, EMA rental income grew 3.1 % year-on-year to RMB502.5 million on outlet sales of RMB3.24 billion, a 3.9 % increase from the previous year.

Sasseur REIT’s aggregate leverage was 25.5 % as at Sep, 30 2025, with an interest coverage ratio of 4.5 times. The weighted average cost of debt fell to 4.6 % from 5.3 % at Dec, 31 2024. All borrowings are denominated in renminbi, and the next refinancing requirement is in 2028. Gross borrowings totalled 431.4 million Singapore dollars, with average debt maturity extending to 4.5 years following a 10-year green loan of RMB308 million.

Management said it will focus on proactive asset management, prudent capital management and acquisition-led growth, noting it holds rights of first refusal over the Xi’an and Guiyang outlets in China.

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

We need your insight to fill this gap

Leave a comment

2

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1196211997?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-13 07:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1196211997","market":"sg","top_or_hot":-1,"title":"Sasseur REIT Reports Stronger 3Q FY2025 Income And Enhances Debt Profile","media":"SGX Filings","content":"<html><head></head><body><p>Sasseur REIT announced its business and operational updates for the quarter ended Sep, 30 2025. The trust recorded a 4.9 % year-on-year rise in Entrusted Management Agreement (EMA) rental income to RMB166.3 million, supported by a 10.8 % increase in total outlet sales to RMB1.06 billion. Translated, EMA rental income amounted to 30.0 million Singapore dollars, up 2.6 % on the same period last year. Portfolio occupancy averaged 98.5 %, while the weighted average lease expiry stood at two years.</p>\n<p>For the nine months to Sep, 30 2025, EMA rental income grew 3.1 % year-on-year to RMB502.5 million on outlet sales of RMB3.24 billion, a 3.9 % increase from the previous year.</p>\n<p>Sasseur REIT’s aggregate leverage was 25.5 % as at Sep, 30 2025, with an interest coverage ratio of 4.5 times. The weighted average cost of debt fell to 4.6 % from 5.3 % at Dec, 31 2024. All borrowings are denominated in renminbi, and the next refinancing requirement is in 2028. Gross borrowings totalled 431.4 million Singapore dollars, with average debt maturity extending to 4.5 years following a 10-year green loan of RMB308 million.</p>\n<p>Management said it will focus on proactive asset management, prudent capital management and acquisition-led growth, noting it holds rights of first refusal over the Xi’an and Guiyang outlets in China.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sasseur REIT Reports Stronger 3Q FY2025 Income And Enhances Debt Profile</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSasseur REIT Reports Stronger 3Q FY2025 Income And Enhances Debt Profile\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1083912268\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">SGX Filings </p>\n<p class=\"h-time\">2025-11-13 07:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sasseur REIT announced its business and operational updates for the quarter ended Sep, 30 2025. The trust recorded a 4.9 % year-on-year rise in Entrusted Management Agreement (EMA) rental income to RMB166.3 million, supported by a 10.8 % increase in total outlet sales to RMB1.06 billion. Translated, EMA rental income amounted to 30.0 million Singapore dollars, up 2.6 % on the same period last year. Portfolio occupancy averaged 98.5 %, while the weighted average lease expiry stood at two years.</p>\n<p>For the nine months to Sep, 30 2025, EMA rental income grew 3.1 % year-on-year to RMB502.5 million on outlet sales of RMB3.24 billion, a 3.9 % increase from the previous year.</p>\n<p>Sasseur REIT’s aggregate leverage was 25.5 % as at Sep, 30 2025, with an interest coverage ratio of 4.5 times. The weighted average cost of debt fell to 4.6 % from 5.3 % at Dec, 31 2024. All borrowings are denominated in renminbi, and the next refinancing requirement is in 2028. Gross borrowings totalled 431.4 million Singapore dollars, with average debt maturity extending to 4.5 years following a 10-year green loan of RMB308 million.</p>\n<p>Management said it will focus on proactive asset management, prudent capital management and acquisition-led growth, noting it holds rights of first refusal over the Xi’an and Guiyang outlets in China.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRPU.SI","symbol_name":"砂之船房地产投资信托","start_time":0,"source_url":"","article_id":"1196211997","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1196211997","pubTimestamp":1762988964,"columns":[{"name":"Data Report","id":30,"label_key":"dataReport"}],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Sasseur REIT announced its business and operational updates for the quarter ended Sep, 30 2025. The trust recorded a 4.9 % year-on-year rise in Entrusted Management Agreement (EMA) rental income to...","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"CRPU.SI":"砂之船房地产投资信托"},"translate_title":"砂之船房地产投资信托基金报告2025财年第三季度收入强劲并改善债务状况","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CRPU.SI":1},"content_text":"Sasseur REIT announced its business and operational updates for the quarter ended Sep, 30 2025. The trust recorded a 4.9 % year-on-year rise in Entrusted Management Agreement (EMA) rental income to RMB166.3 million, supported by a 10.8 % increase in total outlet sales to RMB1.06 billion. Translated, EMA rental income amounted to 30.0 million Singapore dollars, up 2.6 % on the same period last year. Portfolio occupancy averaged 98.5 %, while the weighted average lease expiry stood at two years.\nFor the nine months to Sep, 30 2025, EMA rental income grew 3.1 % year-on-year to RMB502.5 million on outlet sales of RMB3.24 billion, a 3.9 % increase from the previous year.\nSasseur REIT’s aggregate leverage was 25.5 % as at Sep, 30 2025, with an interest coverage ratio of 4.5 times. The weighted average cost of debt fell to 4.6 % from 5.3 % at Dec, 31 2024. All borrowings are denominated in renminbi, and the next refinancing requirement is in 2028. Gross borrowings totalled 431.4 million Singapore dollars, with average debt maturity extending to 4.5 years following a 10-year green loan of RMB308 million.\nManagement said it will focus on proactive asset management, prudent capital management and acquisition-led growth, noting it holds rights of first refusal over the Xi’an and Guiyang outlets in China.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,SGX,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":2,"commentSize":0,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1196211997","isCrawlerRequest":true}