Paragon Reit

Plans for Paragon AEI ‘well advanced’ before ‘unsolicited’ CICT offer: Cuscaden Peak

CICT’s bid was ‘considered carefully’, taking into account Paragon’s long-term needs

S&P forecasts that CICT’s annual adjusted revenue will increase by 5 to 6 per cent in 2026-2027 with contributions from Paragon.
BROKERS’ TAKE

‘Largest Singapore commercial S-Reit proxy’: analysts say buy CICT shares after Paragon acquisition

CICT’s acquisition of Paragon mall cements its dominance in Singapore’s retail space, they add

CICT is partially funding the mega Paragon purchase by simultaneously selling Asia Square Tower 2 to Malaysia’s IOI Properties for roughly S$2.5 billion.
COMMENTARY

The Paragon paradox: CapitaLand’s upscale retail mall scoop is a win – but for whom?

Just a year ago, investors were told that Paragon needed a massive makeover – but that narrative has been flipped entirely

CapitaLand Integrated Commercial Trust on announced the acquisition of Paragon mall from Cuscaden Peak for S$3.9 billion on Apr 20.

Paragon’s journey from car showroom to S$3.9 billion jewel

BT traces the rich history of the iconic Orchard Road mall

The Reit is exiting Asia Square Tower 2 at an estimated 3% yield and redeploying proceeds into Paragon at a higher 3.9% net yield, notes Darren Chan of Phillip Securities Research.

S$3.9 billion Paragon acquisition seals CICT’s dominance in downtown retail, adds medical exposure

Deal, to be partly funded by S$2.5 billion divestment of Asia Square Tower 2 to IOI, seen as ‘tactical swop’; may yield redevelopment potential on freehold Orchard Road parcel

Cushman & Wakefield and Savills have been appointed to market The Clementi Mall, which has a five-storey retail podium and a basement level, with around 160 shops.

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...