Temasek-Backed Cuscaden To Delist Singapore’s Paragon In Deal Valuing Shopping Mall REIT At $2.1 Billion
Cuscaden Peak Investments—backed by Singapore state-linked investor Temasek Holdings—is seeking to take Paragon REIT private ...
Business Times9d
Paragon Reit: From IPO to privatisation
Cuscaden Peak’s Times Properties made an offer to privatise Paragon Real Estate Investment Trust (Reit) for S$0.98 a unit, ...
Minority unit holders to decide on Cuscaden Peak’s Paragon Reit buyout offer
Cuscaden and its subsidiaries, which hold 61.5% share, will abstain from voting. Read more at straitstimes.com.
The Edge Singapore2d
PhillipCapital remains ‘overweight’ on S-REITs, expects overall DPU to grow by 1% in FY2025
S-REITs are now trading at a forward dividend yield spread of 3.4% and a P/NAV of 0.87 times, which we consider an attractive ...
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Paragon Reit to privatise with $0.98 cash offer per unit
The offer is 7.1% higher than the adjusted net asset value. Paragon Reit Management and Times Properties, a subsidiary of ...
Cuscaden Peak offers to privatise Paragon Reit for $2.78b as it eyes major upgrading of Paragon mall
The upgrading of the 30-year-old mall could cost between $300 million and $600 million. Read more at straitstimes.com.
The Edge Singapore9d
Cuscaden Peak offers to privatise Paragon REIT at 98 cents per unit
Cuscaden Peak expects to spend between $300 million and $600 million to refurbish the Paragon mall, taking between three and ...
Temasek-Backed Cuscaden Seeks to Take Paragon REIT Private
A unit of Cuscaden Peak Pte. is seeking to take Paragon REIT private, in a growing sign of the headwinds facing Singapore’s ...
Singapore Business Review on MSN3d
Paragon REIT taps PrimePartners as adviser in privatisation bid
Paragon REIT has appointed PrimePartners Corporate Finance as the independent financial adviser for its privatisation offer.
Singapore's Paragon REIT gets buyout offer valuing it at $2 billion
Singapore's Paragon REIT said on Tuesday that it had received a privatisation offer from its top shareholder Cuscaden Peak, valuing the real estate firm at S$2.78 billion ($2.05 billion).
Business Times9d
Temasek-backed Cuscaden moves to privatise Paragon Reit at S$0.98 per unit
TIMES Properties, a wholly-owned subsidiary of Cuscaden Peak Investments, is looking to take Paragon Real Estate Investment Trust (Reit) private by way of a trust scheme of arrangement, for S$0.98 per ...