The Business Times
business-time-50
SINGAPORE PROPERTY

Cuscaden Peak, Kajima put Woodleigh Mall up for sale for about S$800 million

This marks the third time in the past year Cuscaden group has put a Singapore retail asset on the block

google-preferred-sourceAdd BT as a preferred source
Kalpana Rashiwala

Kalpana Rashiwala

Published Thu, Jul 11, 2024 · 06:54 PM
    • The Woodleigh Mall is part of a mixed-use commercial and residential project by Kajima Development and Cuscaden Peak Investments.
    • The Woodleigh Mall is part of a mixed-use commercial and residential project by Kajima Development and Cuscaden Peak Investments. PHOTO: CUSCADEN PEAK INVESTMENTS

    FOR the third time in the past 12 months, Cuscaden Peak Investments group (including Paragon Real Estate Investment Trust) has put on the market its stake in a Singapore retail asset.

    The Business Times understands that the company and Kajima Development are asking for about S$800 million for The Woodleigh Mall in Bidadari estate. The two partners hold equal stakes in the property.

    The mall, spanning three levels (Basement 1, and levels one and two) opened last year. It is beside Woodleigh MRT station on the North-East Line.

    Singapore propertyCommercial & IndustrialParagon ReitSPHHotel Properties LtdSingapore retail

    TRENDING NOW

    Out of the 18,000 fresh graduates, 9,100 have found employment and 5,400 are outside the labour force, mainly for voluntary reasons.

    1 in 5 fresh graduates from autonomous universities still seeking employment: MOM

    For H1 2026, Seatrium’s net profit jumped 158.3% year on year to S$372.9 million.

    Can Seatrium build on its robust H1 earnings? UOBKH and DBS analysts have divided views

    Grant Wee built Hideaway as a massage-and-bathhouse concept centred on solitude and recovery.

    UOB CEO’s youngest child Grant Wee turns burnout into a wellness business

    UOB group chief financial officer Leong Yung Chee (left) and AllianzGI CEO Tobias Pross at the signing of the strategic distribution partnership.

    UOB to sell asset management arm to Allianz Global Investors for S$555 million, sharpen wealth advisory focus

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More