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 Singapore8d
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 ...
DBS punches above $46 to record high but SGX slides; Temasek units make bid for Paragon mall
Other market movers last week include Seatrium, ST Engineering and Yangzijiang Financial. Read more at straitstimes.com.
Reuters on MSN10d
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 ...
IPE10d
Temasek-backed entities bid $2.8bn to privatise retail trust Paragon REIT
Cuscaden Peak and its subsidiaries, which currently own 61.5% of Paragon REIT, have offered unitholders S$0.98 in cash per unit, representing a 7.1% premium to the retail trust’s net asset value and a ...
Cuscaden aims to privatise Paragon-REIT
A unit of Cuscaden Peak Pte is seeking to take Paragon real estate investment trust (REIT) private, in a growing sign of the ...
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 ...