SPH Reit

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

PARAGON Real Estate Investment Trust’s (Reit) distribution per unit (DPU) for the second half ended December 2023 was down 1.9 per cent on the year to S$0.026 from S$0.0265 previously.

PARAGON Reit posted a 15.7 per cent decrease in distribution per unit (DPU) to S$0.0242 for the first half of its 2023 financial year ended Jun 30, from S$0.0287 in the same period last year. 

PARAGON Real Estate Investment Trust (Reit), previously known as SPH Reit, declared a distribution per unit (DPU) of 1.72 Singapore cents for the four months ended Dec 31, 2022, unchanged from a year ...

SPH Real Estate Investment Trust (Reit) will be renamed to Paragon Reit as the name change will better reflect the trust’s vision and mission to capture unique opportunities in the Asia-Pacific retail...

CUSCADEN Peak and its concert parties behind the takeover of Singapore Press Holdings (SPH) are expected to make a chain offer for SPH Reit.

Cuscaden Peak will offer to acquire SPH Reit at S$0.9372 per unit, which is the minimum offer price required after adjusting for recent SPH Reit distributions.

IT HAS been just over 8 months since Cuscaden Peak submitted a proposal to the board of directors of Singapore Press Holdings (SPH) to acquire all the shares of SPH.  

THE chain offer for SPH Reit has closed with valid acceptances in respect of 402.9 million units, representing about 14.36 per cent of total issued units, according to a bourse filing on Thursday (Jun...