facebookWill we see more acquisition for Dasin Retail REIT from its sponsor in the short term? - Seedly

Anonymous

23 Sep 2020

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Will we see more acquisition for Dasin Retail REIT from its sponsor in the short term?

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As shared by Dasin Retail Trust during the live session, As of today, Dasin Retail Trust ("DRT") has a strong pipeline of another 15 ROFR properties located in the Guangdong-Hong Kong-Macau Greater Bay Area (the “GBA”) from its Sponsor, of which 9 are completed and 6 are under development.

With the ongoing development of the GBA, the management believes that DRT will be able to benefit from the economic growth as its properties are strategically located in the heart of the GBA and is well positioned to capitalise on the growth of the region. The development of the GBA could lead to an increase in rental rates and property valuation for DRT in the long term.

DRT will undertake a prudent investment approach to inject assets which enhances its portfolio and manage its cost of borrowing to ensure that a competitive distribution yield for its unitholders.

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