Trade Sasseur Reit - CRPUsg CFD

Trading Conditions

• Type: CFD
• Spread: 0.007
• Long position overnight funding adjustment: -0.01368%
• Short position overnight funding adjustment: -0.00824%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: SGD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: Singapore
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: N/A
• Open: 0.674
• 1-Year Change: N/A
• Day's Range: 0.674 - 0.674

Sasseur Reit Company profile

Track the Sasseur Reit share price today and spot the best levels for profitable CFD trades

Sasseur real estate investment trust (REIT) was founded in 1989 by Xu Rongcan with initial financing primarily provided by an offshore company based in the Cayman islands. The company is the first REIT in mainland China to focus its investments in retail mall outlets. 

Rongcan has been quoted as saying that he was driven to found the company due to his love of architecture, art and culture. He also recognised that the rapidly evolving Chinese economy would soon become a major consumer of retail goods as Western nations had decades earlier. 

The company primarily operates in mainland China with major retail mall operations in Chongqing, Bishan, Hefei, and Kunming. The company has aspirations to expand to other regions of Asia but these have been tempered by the economic slowdown caused by coronavirus and the uncertainty that currently surrounds the timeline for the return to normal. 

Sasseur REIT was listed on the Singapore Stock Exchange mainboard on March 28, 2018 and trades under the ticker symbol CRPU. Sasseur, like many companies involved in retail-related real estate, was severely impacted by the pandemic of 2020 and saw revenues decrease substantially for the 2020 fiscal year. It does expect a strong bounce back in 2021 as consumer confidence increases and vaccination encourages the mobility of the population.

The Sasseur REIT stock price has traded within the 52-week range of S$0.615-S$0.915 at an average volume of close to 52 million shares per month. The stock began 2021 at S$0.82 before rising steadily in the first quarter of the year to S$0.90 near the middle of April. 

CRPU has a market capitalisation of S$1.09bn (Singapore dollars) and posted a net income of S$47.02m in 2020, down from S$126.15m in 2019. This decrease was due mainly to the decreased foot traffic in Chinese retail shopping during 2020 caused by the pandemic. Revenues actually increased from S$118m in 2019 to S$125m in 2020 as a result of financial restructuring and the sale of real estate assets in other countries. 

The latest CRPU stock chart is updated on the SGX as well as on Capital.com. By accessing the live price chart on Capital.com you can view the Sasseur share price in real time.  

You can trade CRPU with CFDs and open a long or short position, depending on whether you feel the price will rise or fall. CFDs allow you to profit from upward or downward fluctuations in the Sasseur Reit (CRPU) stock price. Track it live and include this Singapore-listed real-estate investment trust in your investment portfolio.