Paragon REIT

SK6U

SG2G02994595

Paragon REIT is a Singapore-based real estate investment trust. The Company is principally engaged in investing directly or indirectly, in a portfolio of income-producing real estate, which is used primarily for retail purposes in Asia Pacific, as well as real estate related assets. It has five retail properties managed by PARAGON REIT. Properties in Singapore consist of Paragon, The Clementi Mall, and The Rail Mall, while those in Australia consist of Westfield Marion and Figtree Grove. Paragon is a premier upscale retail mall and medical suite/office property located in the heart of Orchard Road, Singapore's premier shopping and tourist precinct, with 718,254 square feet of net lettable area (NLA). Clementi Mall is a five-storey retail podium totaling approximately 195,772 square feet of retail NLA, which includes two basements comprising a basement shopping level and an underground carpark. The Rail Mall comprises 43 single-storey shop units with a total NLA of 49,886 square feet.

Sector

Commercial REITs

Calendar

2024-05-05 - Q1 2024 Sales and Revenue Release - Operational Update

More about the company

Income Statement Evolution

More financial data

Ratings for Paragon REIT

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.83 SGD

Average target price

0.955 SGD

Spread / Average Target

+15.06%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Retail REITs

	1st Jan change	Capi.
PARAGON REIT	-6.21%	1.73B
SIMON PROPERTY GROUP, INC.	-0.20%	46.38B
KIMCO REALTY CORPORATION	-13.75%	12.39B
THE LINK REAL ESTATE INVESTMENT TRUST	-22.69%	11.06B
REGENCY CENTERS CORPORATION	-13.01%	10.74B
NNN REIT, INC.	-5.43%	7.45B
BRIXMOR PROPERTY GROUP INC.	-6.66%	6.54B
AGREE REALTY CORPORATION	-8.23%	5.8B
VICINITY CENTRES	-7.60%	5.6B
KITE REALTY GROUP TRUST	-7.00%	4.67B

Retail REITs

Market Closed - Singapore S.E. Other stock markets 05:04:34 2024-04-26 am EDT			5-day change	1st Jan Change
0.83 ^SGD	-2.35%		-0.60%	-6.21%

Feb. 15	Paragon Reit Issues Over 5 Million Units to Manager	MT
Feb. 06	Singapore Shares Remain in Red; CapitaLand Integrated Commercial Trust Climbs 1% as H2 2023 DPU Rises 1.7%	MT

Paragon Reit Issues Over 5 Million Units to Manager	Feb. 14	MT
Singapore Shares Remain in Red; CapitaLand Integrated Commercial Trust Climbs 1% as H2 2023 DPU Rises 1.7%	Feb. 06	MT
Paragon REIT's DPU Slips 1.9% in H2 2023	Feb. 05	MT
Paragon REIT Announces Distribution for the Period from 1 July 2023 to 31 December 2023, Payable on 22 March 2024	Feb. 05	CI
Paragon REIT Reports Earnings Results for the Full Year Ended December 31, 2023	Feb. 05	CI
Paragon REIT Issues Over 1.5 Million Units as Management Fee Payment	Nov. 23	MT
CGS-CIMB Research Adjusts Paragon REIT's Price Target to SG$0.88 From SG$1.01, Keeps at Hold	Nov. 08	MT
Paragon REIT Names CFO for Manager; Shares Jump 3%	Nov. 02	MT
Paragon REIT's Portfolio Gross Revenue Edges Up by Over 1% in January-September	Nov. 01	MT
Paragon REIT's DPU Slips 15.7% in H1	23-08-08	MT
Paragon Reit Announces Dividend for the Period from 1 January 2023 to 30 June 2023, Payable on 22 September 2023	23-08-07	CI
Paragon REIT Reports Earnings Results for the Half Year Ended June 30, 2023	23-08-07	CI
Paragon REIT's Portfolio Gross Revenue Edges Up to SG$72 Million in Q1	23-05-09	MT
Paragon REIT Announces Change of Company Secretaries	23-03-24	CI
Paragon REIT Changes Its Distribution Frequency from Quarterly Distributions to Half-Yearly Distributions	23-02-28	CI
CGS-CIMB Adjusts Paragon REIT's Price Target to SG$1.01 From SG$0.96, Keeps at Hold	23-02-20	MT
Paragon REIT Reports Unchanged DPU of SG$0.0172 for Four Months to December 2022 Period	23-02-14	MT
Paragon REIT Reports Earnings Results for the Four Months Ended December 31, 2022	23-02-13	CI
PARAGON REIT Announces Distribution for the Period from 1 September 2022 to 31 December 2022, Payable on 28 March 2023	23-02-13	CI
Paragon REIT Reports Earnings Results for the Sixteen Months Ended December 31, 2022	23-02-13	CI
Paragon REIT Grants Units Under Performance Award Scheme	23-02-02	MT
DBS Upgrades Paragon REIT to Buy From Hold, Adjusts Price Target to SG$1.10 From SG$0.96	23-01-27	MT
SPH REIT will Change its Name to PARAGON REIT	23-01-03	CI
SPH REIT Enters Fourth Amended and Restated Facility Agreement	22-12-19	CI
SPH REIT Announces Resignation of Ng Yat Chung as Director, Effective 1 January 2023	22-12-15	CI