The Business Times

Paragon Reit

Property

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

Formerly known as Singapore Press Holdings Reit, Paragon Reit counts Orchard Road shopping mall Paragon as its crown jewel.
Companies & Markets

Paragon Reit to delist from SGX on Jun 6

What is the future for Singapore’s Reit sector?
Podcasts

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

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
Opinion & Features
MARK TO MARKET

Will more S-Reits soon exit the local market?

Paragon Reit is to be delisted after unit holders earlier approved a scheme for privatisation.
Companies & Markets

Paragon Reit to suspend trading on May 15 ahead of delisting

Generic picture of Paragon Mall along Orchard Road on Feb 11, 2025. The Singapore Exchange-listed real estate investment trust (Reit) that holds Orchard Road’s The Paragon mall has received a $2.78 billion buyout offer from its major shareholder. Cuscaden Peak Investments – formerly Singapore Press Holdings (SPH) – proposed to privatise and delist Paragon Reit by way of a trust scheme of arrangement, they jointly announced on Feb 11. Paragon Reit currently owns Paragon mall, which accounts for 72 per cent of the Reit’s value, as well as The Clementi Mall and South Australia’s Westfield Marion Shopping Centre.
Companies & Markets

Paragon Reit unitholders give nod to privatisation offer

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

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

Paragon accounts for 72% of the Reit's portfolio value. The IFA opined that the offer of $0.98 per unit was fair and reasonable.
Companies & Markets

Paragon Reit unitholders to vote on proposed privatisation on Apr 22

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

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

Generic picture of Paragon Mall along Orchard Road on Feb 11, 2025. The Singapore Exchange-listed real estate investment trust (Reit) that holds Orchard Road’s The Paragon mall has received a $2.78 billion buyout offer from its major shareholder. Cuscaden Peak Investments – formerly Singapore Press Holdings (SPH) – proposed to privatise and delist Paragon Reit by way of a trust scheme of arrangement, they jointly announced on Feb 11. Paragon Reit currently owns Paragon mall, which accounts for 72 per cent of the Reit’s value, as well as The Clementi Mall and South Australia’s Westfield Marion Shopping Centre.
Companies & Markets

Paragon Reit appoints PrimePartners as IFA for privatisation offer

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