Sasseur Reit closes China malls amid virus spread

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Sasseur Reit closes China malls amid Wuhanvirus spread

Local authorities have not imposed any regulations to direct the closures of the malls. The manager said that the decision to shut them was made after careful consideration.

In addition, the sponsor has formed a high-level management task force to closely monitor the current situation. The manager said it is difficult to ascertain the full financial impact on Sasseur Reit’s performance, given that the situation relating to the spread of the virus remains uncertain and fluid.

 

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