Sasseur REIT Announces Reopening Of Second Mall This Month
March 11, 2020 — Sasseur REIT announced that it is reopening the Sasseur Hefei Outlet Mall on March 13. This is the second mall that the REIT reopened, following the resumption of operations in its Kunming Outlet Mall on March 11.
The REIT announced that it has obtained approval from the relevant local authority to commence the reopening of Hefei outlet mall on 13 March 2020. The Manager will work closely with the Sponsor and aim to reopen the remaining Chongqing and Bishan outlet malls as soon as it is appropriate to do so.
As the COVID-19 situation in China improves, the local government in Hefei has given the green light for Sasseur Hefei Outlet to reopen. The local team will continue to monitor the situation, step up cleaning and disinfecting routines and take necessary precautions. The Sponsor will also continue to actively roll out a series of marketing and promotional activities to welcome customers back.
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