Steven Ng's Contact Details

Steven Ng's Company Details

Dasin Retail Trust

Singapore, , Singapore • 9 Employees
Real Estate

Listed on the Mainboard of Singapore Exchange Securities Trading Limited on 20 January 2017, Dasin Retail Trust ("DRT" or the "Trust") is the only China retail property trust listed on SGX-ST providing direct exposure to the Guangdong-Hong Kong-Macau Greater Bay Area ("Greater Bay Area").The Trust's mandate is to invest in, own or develop land, uncompleted developments and income-producing real estate in Greater China (comprising the People's Republic of China ("PRC"), Hong Kong and Macau), used primarily for retail purposes, as well as real estate related assets, with a focus on retail malls.As at 31 December 2020, the Trust's portfolio comprises seven retail malls located in Zhongshan, Zhuhai and Foshan cities in Guangdong, PRC, valued at approximately RMB11.6 billion (S$2.3 billion). These properties host a tenant base of over 500 local and international retailers.Dasin Retail Trust is managed by Dasin Retail Trust Management Pte. Ltd. in its capacity as the Trustee-Manager ("Trustee-Manager"). The Trustee-Manager strives to provide unitholders of Dasin Retail Trust ("Unitholders") with an attractive rate of return on their investment through regular and stable distributions and to achieve long-term sustainable growth indistribution per unit, while maintaining an appropriate capital structure.The Sponsor of Dasin Retail Trust is Zhongshan Dasin Real Estate Co., Ltd. (中山市大信􇳌业有限公司), one of the leading real estate developers in Zhongshan city, Guangdong Province, with a strong track record as a retail mall operator.