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Unlocking Value in Global Real Estate Investments: Redefining Outlet Malls with Cecilia Tan, CEO of Sasseur REIT
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In this episode of Business Beyond Borders, we are honoured to have Cecilia Tan, the CEO of Sasseur REIT. Cecilia discusses Sasseur REIT, the first Asia outlet mall REIT, in detail, outlining its unique retail format catering to a specialised consumer market in China.
Cecilia also shared the challenges she faced when helming Sasseur REIT in the midst of the Covid-19 pandemic, adapting to remote work, and managing properties from afar. She also shed light on how Sasseur REIT managed to bounce back strong with a record high occupancy rate of 97.2% and impressive sales figures of 2.3B RMB, despite the pandemic closures in China.
In this episode, we discuss:
- Cecilia's career journey leading up to helming Sasseur REIT
- Sasseur REIT as the first Asia outlet mall REIT
- Challenges and opportunities in the outlet mall industry
- The impact of COVID-19 on the retail sector
- Managing real estate investments and unlocking value
Gain valuable insights into managing a REIT, navigating real estate transactions, and derisking investments in this episode. Tune in now!
Links:
Bluente's Website: https://www.bluente.com/
Cecilia’s LinkedIn: https://www.linkedin.com/in/cecilia-hl-tan-ba08bb31/
Our Socials: @bluente.official (Instagram and Tik Tok)
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