Paragon Reit

Cuscaden Peak to put The Clementi Mall up for sale at around S$750 million

The price tag is around 15% higher than its latest valuation of S$645 million

Paragon Reit counts Orchard Road shopping mall Paragon as its crown jewel.

Paragon Reit to delist from SGX on Jun 6

Minority unitholders have received their scheme consideration payments on Jun 4, 2025

What is the future for Singapore’s Reit sector?

BT Mark to Market: From public to private - Reit delistings in Singapore

Paragon Reit has gone private, and FHT might soon follow. Senior correspondent Ben Paul explains why this is happening, and what it means for the S-Reit sector.

The offer price of S$0.71 per stapled security for FHT implies a total return of 27.8 per cent since its initial public offering in 2014.
MARK TO MARKET

Will more S-Reits soon exit the local market?

FHT is going private to unlock value for investors; Paragon Reit is doing it to facilitate a major AEI at its flagship property

Unitholders of Paragon Reit approved a scheme for privatisation in April.

Paragon Reit to suspend trading on May 15 ahead of delisting

[SINGAPORE] Paragon Reit will suspend trading in its units from 9 am on Thursday (May 15), and bow out of the Singapore Exchange, the manager of the retail real estate investment trust said in a regul...

Paragon Reit will soon be taken private, with around 82..8% of unitholders present and voting having agreed to the privatisation offer at a scheme meeting on Tuesday (Apr 22).

Paragon Reit unitholders give nod to privatisation offer

The trust is expected to delist on Jun 6; unitholders are to receive a consideration of S$0.98 per unit in cash

Paragon Reit's minority investors will meet on Apr 22 to decide on the fate of Times Properties' proposed privatisation.
THE LEVEL GROUND

Can Paragon Reit upgrade crown jewel Paragon without unitholders’ distribution taking a big hit? 

Find good solutions for smaller listed Reits envisaging major asset upgrading works

The independent financial adviser says the scheme consideration of S$0.98 per unit represents a slight premium of 4.4% over the Reit’s net asset value (NAV) per unit, and a premium of 7.1% over its adjusted NAV per unit.

Paragon Reit unitholders to vote on proposed privatisation on Apr 22

PrimePartners, the independent financial adviser appointed by the Reit for the privatisation offer, says the offer is fair and reasonable

Singapore's once high-flying Reit sector could be in trouble if more Reits get privatised.
THE LEVEL GROUND

Step up efforts to grow the Reit sector or more could follow Paragon Reit to head for the exit

Privatisations make sense when trusts have poor liquidity and face constraints in upgrading assets

The premier status of Paragon, which is the major contributor of portfolio value, is being challenged, with increased competition from upcoming retail malls.

Paragon Reit appoints PrimePartners as IFA for privatisation offer

It will advise the independent directors of the Reit’s manager to make a recommendation to minority unitholders on the potential deal