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Sasseur Real Estate Investment Trust ( (SG:CRPU) ) has provided an announcement.
Sasseur REIT has entered into a secured green facility agreement with OCBC Bank Limited Chongqing Branch for up to RMB 308 million, marking its first green loan. The proceeds will refinance an existing loan due in 2030 at a more competitive cost. The agreement includes conditions related to the shareholding interests of the controlling shareholder and changes in management, with potential financial implications if breached.
The most recent analyst rating on (SG:CRPU) stock is a Buy with a S$0.93 price target. To see the full list of analyst forecasts on Sasseur Real Estate Investment Trust stock, see the SG:CRPU Stock Forecast page.
More about Sasseur Real Estate Investment Trust
Sasseur Real Estate Investment Trust (Sasseur REIT) is a real estate investment trust based in Singapore, focusing on retail outlet malls. The trust is managed by Sasseur Asset Management Pte. Ltd. and aims to provide investors with exposure to the growing retail sector in Asia, particularly in China.
Average Trading Volume: 883,974
Technical Sentiment Signal: Hold
Current Market Cap: S$791M
See more insights into CRPU stock on TipRanks’ Stock Analysis page.