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 ...
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 Singapore6d
Stand pat as Paragon REIT goes private
Cuscaden has proposed the privatisation offer to pave the way for a major enhancement exercise at Paragon. With 72% of ...
Singapore's Paragon REIT gets buyout offer valuing it at $2 billion
The offeror, which holds an indirect stake of 61.5% in Paragon REIT, proposed to buy the remaining shares of the REIT at ...
Temasek-backed Cuscaden seeks to take Paragon REIT private
A unit of Cuscaden Peak is seeking to take Paragon REIT private, in a growing sign of the headwinds facing Singapore’s real ...
The Star8d
Singapore's Paragon REIT gets buyout offer valuing it at US$2bil
given Paragon REIT's portfolio heavily relies on Paragon, a 30-year-old shopping mall in the city's Orchard Road shopping belt. A potential total capital expenditure to refurbish Paragon Mall ...