SPH REIT MANAGEMENT PTE. / Ind. 596 Keppel Reit unit (valued at $0. Cuscaden, a consortium comprising Hotel Properties, businessman Ong Beng Seng and 2 Temasek-linked entities CLA and Mapletree, had in April 2022 offered to acquire SPH Reit at the minimum offer price of S$0. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. SINGAPORE: SPH Media has entered into an agreement to acquire technology media company Tech in Asia (TIA). 90 per unit on 30 December 2022 (31 August 2021: S$0. Find out its share. General. Announcement Title: Change in Issuer Name: Date & Time of Broadcast: Dec 29, 2022 12:50: Status: New: Announcement Reference:. Distributed by Public, unedited and unaltered, on 20 June 2022 03:43:09 UTC. In all, this values SPH at $3. SPH Reit to be renamed Paragon Reit from Jan 3 Link Reit plans $3. SPH REIT published this content on 25 November 2021 and is solely responsible for the information contained therein. 782 SPH REIT units valued at S$0. The ratio is calculated by dividing the trailing 12 months EBITDA by the trailing 12 months interest. SPH REIT Units are not obligations of, deposits in, or guaranteed by the SPH REIT Manager or any of its affiliates. When was Suburban Propane Partners's most recent dividend payment? Suburban Propane Partners's most recent quarterly dividend payment of $0. 5 cent and SPH Reits is 71. . SPH REIT maintained its strong portfolio occupancy rate of 97. Managed by SPH REIT Management, its current portfolio comprises two properties in Singapore: Paragon, a premier upscale retail mall and medical suite/office property in the heart of Singapore’s famous shopping belt, Orchard Road, and The Clementi Mall, a mid-market suburban. 3m. SPH REIT Announces Change of Financial Year End from 31 August to 31 December 2022: CI SPH REIT Secures Term Loan Facility of SGD 975 Million 2022: CI Singapore Shares End Week Slightly Higher; SPH REIT Shares Climbed 3% as Fiscal Q3 DPU Rises Over 5%However, the cumulative value of Keppel REIT and SPH REIT units has gone up by S$0. Consequently, portfolioDisclaimer. Cuscaden Peak's offer of up to $2. To this end, Chua sees SPH REIT trading sideways in the near term as it is bound by a chain offer from SPH's ongoing privatisation exercise. 3 cents) for 1HFY2023 ended June, up 6. Elite Commercial REIT has posted distribution per unit (DPU) of 1. **Close price adjusted for splits and dividend and/or capital gain distributions. SPH REIT Management Pte. Apr 29, 2022, 8:05 AM SGT SINGAPORE ( THE BUSINESS TIMES) - Cuscaden Peak will offer to acquire SPH Reit at 93. SPH REIT's Share Price trades at a compelling yield of 6. LTD. (NYSE: ABR) is a Long Island, New. Ltd. of the share. Ltd. This is an increase of 10. ABOUT SPH REIT SPH REIT is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. This offer was worth $2. Suburban Propane Partners, L. To put that amount in perspective, SPH is currently trading at S$1. 15am, units in SPH REIT are trading flat at 97 cents, or an FY2022 P/B of 1. 1 day ago · Synopsis: Hosted by senior correspondent Leslie Yee, PropertyBT from The Business Times shares insights on all things Singapore property to help you on your property investment journey. As a unitholder, I have studied its latest set of results, and in this post, I will be sharing key aspects you…Build Retirement Portfolio with S-REIT Companies & Markets News -SINGAPORE (THE BUSINESS TIMES) - The sale of Bedok Point by Frasers Centrepoint Trust (FCT) at $108 million raised questions from shareholders given that it was acquired atLendlease Global Commercial REIT (“LREIT”) is a Singapore real estate investment trust established with the principal investment strategy of investing, directly or indirectly, in a diversified portfolio of stabilised income-producing real estate assets located globally, which are used primarily for retail and/or office purposes. 782 SPH REIT shares with an indicative value of. Dividend history includes: Declare date, ex-div, record, pay, frequency, amount. FY22 will be a 16-month period from 1 Sep 21 to 31 Dec 22. 5% as at 31 August 2020 which is way below the permissible limit giving them the headroom for further acquisition. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. IPO Price = $0. Paragon, one of the key malls that's part of SPH REIT's portfolio. The retail property component of the project is larger than some analysts had expected, and underscores the long-term value that SPH could tap from the project. Announcement Details. The Company invests in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. 716 per share from a distribution in-specie by SPH. 5 cents on Jan 12. Securities Act of 1933,. 782 SPH REIT units for every SPH share held. 099 per SPH share, which represents a 16. The Rail Mall. To capitalize SPH Media with initial resources, SPH will provide a one-time injection of funds to it (akin to a “divorce fee”). SPH REIT Management Pte Ltd, the Manager of the Trust (“the Manager”) is responsible for the other information contained in the annual report. Prior to that, shares of SPH closed flat at $2. SPH REIT Discloses Valuation of Shopping Malls 2022: MT Paragon REIT Reports Earnings Results for the Full Year Ended August 31, 2022 2022: CI SPH REIT Announces Distribution for the Period from 1 June 2022 to 31 August 2022, Payable on 25 November 2022Stock analysis for PARAGON REIT (SK6U:Singapore) including stock price, stock chart, company news, key statistics, fundamentals and company profile. (the "Company "), as manager of SPH REIT, wishes to announce that the Company has elected to receive the base fee component of the management fee for the period from 1 March 2021 to 31 May 2021 in the form of units in SPH REIT (the "Base Fee "). Download Telegram About. SPH Reit's portfolio now includes a shopping centre in Adelaide, Australia, in which the Reit holds a 50 per cent stake. Highlights of the podcast: 00:55 Underperformance of Reits. SPH REIT’s Financial Results in the Current Year (1H FY2019/20) Compared to the Previous Year (1H FY2018/19) SPH REIT released its financial results for first half of the financial year 2019/20 (also known at 1H FY2019/20) last week (on 01 April 2020. Discover historical prices for SK6U. Distributed by Public, unedited and unaltered, on 29 July 2022 10:16:17 UTC. The counter rose 1. Issued by SPH REIT Management Pte. 602 in cash and 0. SPH Reit aims to be a premier retail real estate investment trust with a portfolio of quality income-producing retail properties. SPH REIT announced a change of financial year-end from 31 Aug to 31 Dec to align with its sponsor, Cuscaden Peak. Securities Act of 1933, as amended (the "U. 9% in FY19, owing to. 6 per cent from DPU of 1. In its annual report for 2021, you can find out how it performed in a challenging year, its financial results, its portfolio overview, its sustainability initiatives, and its future outlook. 868 per share in cash, 0. 7% y-o-y on. SPH REIT published this content on 07 June 2022 and is solely responsible for the information contained therein. 1) Cash of S$0. The overall positive financial results were a little surprising to me. Retail investors net buy S$390 million of S-Reits in H1 2023. 73. 099 per share. And then SPH needs to decide whether to (1) accept Keppel’s offer, or (2) pay the $34 million break fee and accept the new offer. Blog. 0. 5%, a reflection of its proactive leasing efforts to renew or sign leases in advance mitigating vacancies. 64% of the total issued SPH REIT units. Retail investors continued to be a key driver in S-Reits fund flow activities in H1 2023, accumulating net retail inflows of S$389. PARAGON REIT (formerly known as SPH REIT ) is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail. 113,200. Stock Symbol SGX:SK6U. 0172 for Four Months to December 2022 Period. Should Cuscaden succeed in acquiring SPH, it will be obliged to undertake an offer for SPH REIT, which owns commercial properties including its crown jewel Paragon, a shopping mall in Singapore. SPH REIT published this content on 17 June 2022 and is solely responsible for the information contained therein. Mr Patrick Daniel, Interim CEO of SPH Media Trust, recounted that SPHL had reiterated in its EGM circular to its shareholders that "the listed company model is no longer the best business structure. The offer price translates to a valuation of S$0. SPH Reit's portfolio now includes a shopping centre in Adelaide, Australia, in which the Reit holds a 50 per cent stake. Share Price as of: -. Courier 158 Dunlop Street EastSPH shareholders can choose to receive either $2. Market / ISIN Code: SGX Mainboard / SG2G02994595. SPH REIT is a Singapore-based REIT established principally to invest, 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. 668, as well as 0. This 10 Years comparison chart explains everything why S-REIT is a MUST have asset class in your investment portfolio. Whether you are interested in key performance ratios, financial news and results, we hope that you will find what you need readily here. 12-month FY22 revenue grew 1. SPH REIT Discloses Valuation of Shopping Malls 2022: MT Paragon REIT Reports Earnings Results for the Full Year Ended August 31, 2022 2022: CI SPH REIT Announces Distribution for the Period from 1 June 2022 to 31 August 2022, Payable on 25 November 2022SPH REIT did not declare any distributions during the quarter as it is bound by the Singapore takeover code on the back of the possible chain offer by Cuscaden. the Relevant SPH REIT Unit (being 0. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. Contact Email [email protected] REIT's (SGX:SK6U) stock is up by 1. The Company invests in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. What is the dividend yield of SPH REIT? SPH REIT - SK6U has a dividend yield of 5. for the period from 1 January 2023 to 30 June 2023. With the easing of Covid19 restrictions- , PARAGON REIT registeredSPH will provide the initial resources and funding by capitalising SPH Media with a cash injection of $80 million, $30 million worth of SPH shares and SPH Reit units, and SPH's stakes in four of. Paragon REIT engages in the direct and indirect investments on a portfolio of income-producing real estate used primarily for retail purposes. The offer to existing SPH shareholders is in the form of cash, SPH REIT, and Keppel REIT. SPH REIT is trading at ~6% DPU yield, below its 5-year mean of 5. SPH Media to acquire Tech in Asia; no layoffs expected. 36 apiece. VICTORIA, BC (September 10, 2010) - Partners Real Estate Investment Trust. 782 SPH REIT units valued at S$0. Stock Symbol SGX:SK6U. The Company invests in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. 9 million units, representing about 14. CI. Whether you are interested in key performance ratios, financial news and results, we hope that you will find what you need readily here. SPH REIT gearing remains stable at 30. Cuscaden Peak Pte. Join REITirement - SREIT. SPH REIT will be part of the sponsor privatisation offer by Keppel Corporation(SGX:BN4). Since its takeover by Cuscaden Peak in 2022, it has been renamed Cuscaden Peak Investments . 9 per cent below SPH Reit's last traded price, on Thursday (Apr 28), of S$0. Barrie ON - Head Office: Phone – Direct (705) 725-6020 Phone – Toll Free 1–844-474-9620 Fax (705) 725-8026. 6 million for the nine months ended 31 May, an increase of 22% year-on-year. The mall is South Australia’s largest shopping centre spanning c. 1% to SG$157. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. The information behind this electronic gatepost is only being made available to residents of Singapore. SPH REIT's (SGX:SK6U) top owners are individual investors with 33% stake, while 31% is held by private companies. 36 per SPH share, or an alternative of $2. 2 per cent of SPH Reit. SPH REIT has a healthy balance sheet with low gearing. Thus SPH’s cash and cash equivalent is $312 – $63 x 0. 28 Jul 2022. Announcement Title. IT HAS been just over 8 months since Cuscaden Peak submitted a proposal to the board of directors of Singapore Press Holdings. SPH REIT’s gearing ratio remains stable at 30. 9% less than the total consideration. Distributed by Public, unedited and unaltered, on 22 June 2022 03:24:01 UTC. This offer comprises cash of $0. Sponsor and major shareholder, SingaporeFinancial Highlights. 54K subscribers. Operating Status Active. (the "Company "), as manager of SPH REIT, wishes to announce that the Company has elected to receive the base fee component of the management fee for the period from 1 March 2021 to 31 May 2021 in the form of units in SPH REIT (the "Base Fee "). A wellmanaged shopping mall in an area with a growing catchment population would be a good pipeline asset for SPH REIT, which currently holds Paragon and The Clementi. 9% and 8. MT. On Monday evening (29 March 2021), SPH REIT (SGX:SK6U), with properties in Singapore (namely Paragon, The Clementi Mall, and The Rail Mall) and in Australia (a 85. A look at the shareholders of SPH REIT ( SGX:SK6U ) can tell us which group is. However, given its sizable exposure to the high-end retail mall industry, concern over its business operational outlook. The Company invests in a portfolio of income-producing real estate primarily for retail purposes in Asia- Pacific, as well as real estate-related assets. Paragon, one of the key malls that's part of SPH REIT's portfolio. 0172 for Four Months to December 2022 Period. Legal Name SPH REIT Management Pte Ltd. Unlock. With the further easing of Covid-19 measures in Singapore starting 5 April, more peoples would be able to back to their workplace and this may improve the footfall of Paragon. 8% below SPH REIT’s daily volume-weighted average price (VWAP) over the last month. The group’s newspaper ad revenue YoY decline has increased from 12. 05 cents. As a new major unitholder of SPH REIT, Cuscaden has to g. Security. Distributed by Public , unedited and unaltered, on 16 February 2022 03:03:05 UTC . According to the REIT manager, the new name is “synonymous with quality and excellence”. Distributed by Public , unedited and unaltered, on 21 December 2021 03:39:03 UTC . 40 per share, comprising $1. SPH Reit units shed three cents to close at $1. CGS-CIMB Research analysts Eing Kar Mei and Lock Mun Yee have reiterated “add” with an unchanged target price of $1. 2 Acquisition: upon the DIS taking effect, a proposed acquisition (the “Acquisition”) by the Offeror of all the issued and paid. 36, or $2. Separately, Cuscaden Peak reminded unit holders of SPH Reit that it is entitled to reduce the minimum chain offer price of $0. 2%, announces divestment of five assets. Join REITirement - SREIT. Contrast this with Parkway Life REIT (SGX: C2PU. This came following the completion of an offer by Cuscaden to take Singapore Press Holdings (SPH) private, which resulted in Cuscaden and its concert parties owning 47. Singapore Hospitality / Property Development / Aluminium Assistant to CFO Stamford Land Corporation (Hospitality / Property Development). Cuscaden Peak’s offer—which gave SPH shareholders the option of accepting an all-cash offer of S$2. (SPH) dividend growth history: By month or year, chart. Market / ISIN Code: SGX Mainboard / SG2G02994595. Units in SPH REIT closed 1 cent higher or 1. Notes. 668), Keppel REIT (0. CI. SPHL has agreed to capitalise the SPH Media companies with a cash injection of $80 million and $30 million worth of SPH shares and SPH REIT units. Distributed by Public, unedited and unaltered, on 03 June 2022 03:21:01 UTC. 782 of an SPH Reit unit through a distribution-in-specie by SPH. 36 per share or S$1. 3 Key Takeaways from me: Rival Offer is Definitely. 5 cents on Thursday, before the business update was released. 099 per SPH share, which represents a 16. Date Of Release Of PARAGON REIT's Financial Statements For The Half Year Ended 30 June 2023. 5 million through the private placement. 0%. Share Price as of: -. 4bn as at 1 April 2021. Read more at The Business Times. Distributed by Public, unedited and unaltered, on 17 June 2022 03:02:02 UTC. SINGAPORE - SPH Reit is planning to acquire The Rail Mall for $63. 1 per cent in total return terms, after a challenging 2022 which saw it decline 12 per cent. As at 21 February 2022 (being the Latest Practicable Date prior to the publication of the Cuscaden Composite Document), This Offer is known as a Chain Offer, triggered by Cuscaden's acquisition of SPH has been completed. com. Securities Fixed Income Derivatives Indices Data & Connectivity Sustainable Finance Regulation. SPH REIT is a Singapore-based REIT established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. Founded Date 2013. As at 6 pm on Wednesday, offeror Cuscaden Peak had received valid acceptances of its chain offer in respect of approximately 4. SPH REIT published this content on 25 April 2022 and is solely responsible for the information contained therein. Prior to 1 December 2021, SPH was in the media business as well with a reach in the print, digital, radio, and outdoor media. SPH Reit's DPU in Q1 down 13% to 1. And since they are holding 70% of SPH REIT they have a. Other information is defined as all information in the annual report other than the financial statements and our auditors’ report thereon. SPH REIT’s full-year results was a decent one, largely contributed by the fact that in the same time period last year, the REIT’s malls were negatively impacted by the lockdown measures as a result of the fast escalation in the number of. Steady Recovery Underpinned By Resilient Domestic Demand And Resumption Of International Travel. PARAGON REIT, formerly known as SPH REIT, is a Singapore-based real estate investment trust established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. SPH Reit's DPU in Q1 down 13% to 1. If we remove this S$ 7. SPH REIT published this content on 24 June 2022 and is solely responsible for the information contained therein. Singapore Press Holdings Limited (SPH) received an unsolicited proposal from Temasek-backed real estate consortium Cuscaden Peak Pte. 72 cents for the 4MFY2022 ended Dec 31, 2022, unchanged y-o-y compared to the same period the year before. 208 photos. 36. 2 billion to buy all of SPH’s shares, bringing the total deal to S. SPH REIT MANAGEMENT PTE. 0 / 0 %. Share Price as of: -. June 3, 2022 – Cuscaden Peak’s mandatory cash offer to acquire all units of SPH real estate investment trust (Reit) has turned unconditional in all respects, according to a bourse filing on Thursday, according to a report from The Straits Times. SPH shares closed 0. 020 per SPH REIT Unit as at 12 November 2021). Securities Act or otherwise pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and in compliance with any applicable securities laws of any state or. SPH Reit noted that FY2021 had a full-year contribution from Westfield Marion in South Australia which was acquired in the prior year with an incremental net property income of S$9. 596 Keppel Reit unit (valued at $0. Its final offer for SPH is S$2. SPH REIT Discloses Valuation of Shopping Malls 2022: MT Paragon REIT Reports Earnings Results for the Full Year Ended August 31, 2022 2022: CI SPH REIT Announces Distribution for the Period from 1 June 2022 to 31 August 2022, Payable on 25 November 2022Simply enter your email below to download the 5 Singapore REITs that consistently increase their DPU for your watchlist. SGD 0. 2% y-o-y) was in line, forming 79% of our 16-month FY22F. SPH REIT (SGX:SK6U) announced the acquisition of a 50% stake in Westfield Marion along Diagonal Road, Adelaide for A$670m (c. Its portfolio of Singapore properties comprises Paragon, The Clementi Mall and The Rail Mall, with an aggregate net lettable area of about. For context, the second largest shareholder holds about 26% of. Disclaimer. . 9400. Units of SPH Reit closed down two cents, or 2. 0172 for Four Months to December 2022 Period. This will bring the Cuscaden Peak and its concert parties’ stake in the real estate investment trust (Reit) to 61. 020 per SPH REIT Unit as at 12 November 2021, being the Last Trading Day. › Equity REITs › Mortgage REITs › Industrial REITsOn the possible chain offer price for SPH REIT: Unlike the Keppel Scheme, depending on the final proportion of SPH shareholders that elect between the two options, the completion of the scheme may result in Cuscaden incurring an obligation to undertake a chain offer for all the units in SPH REIT. Episodes feature views and insights from property analysts. S. Change Of Name Of SPH REIT And The Manager. SGD 0. 72 cents per unit, the minimum offer price for. 5 cent, or 0. As a new major unitholder of SPH REIT, Cuscaden has to g. 21 Jul 2023. 9 per cent. The REIT justified its action based on challenging conditions in both their Singapore and Australian malls. 596 Keppel Reit units valued at 71. 4 billion. There have been a number of acquisitions allowing further growth of the REIT. SPH REIT has. 26 cents) of FY2020 distributable income. 602 cash and 0. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). News. 1. Cuscaden Peak says it reserves the right to adjust SPH REIT's chain offer price for DPU paid in Feb and May. A poor SPH REIT does not bode well for them. SPH REIT published this content on 20 May 2022 and is solely responsible for the information contained therein. 052/SPH share between 30 July 2021 to 9 November 2021 due to changes in unit prices of Keppel REIT and SPH REIT. 782 SPH REIT shares with an indicative value of. Our data shows SPH REIT has a return on equity of 5. SI stock on Yahoo Finance. Companies & Markets News -SINGAPORE (THE BUSINESS TIMES) - The impact of the pandemic hit SPH Reit in the second half with distribution per unit (DPU) well down. The name change will take effect from Jan 3, 2023, onwards. In particular, the units of PARAGON REIT have not been and will not be registered under the U. 14. Company Type For Profit. Disclaimer. General. The company is based in Singapore. Officially, PARAGON REIT MANAGEMENT PTE. Distributed by Public, unedited and unaltered, on 24 June 2022 02:45:00 UTC. The group holding the most number of shares in the company, around 33% to be precise, is individual investors. The real estate investment trust's gross. Best dividend capture stocks in Nov. 9m SPH shares, valued at S$10m), as well as SPH’s. is managed by SPH REIT Management Pte. 33 last Friday, while SPH Reit ended 1 per cent up at $1. 38B. Valuing Others – Associates, Joint Ventures (Property Development. If you had been redirected from please note the change in website address to with immediate effect. 05 per. Price vs Fair Value. Singapore Press Holdings officially delisted, Gerald Yong to take over as CEO from Ng Yat Chung. Based on last Friday's closing prices, the value of Keppel Reits on offer is 71. Join. FY2021 refers to the period 1 September 2020 to 31 August 2021. IT HAS been just over 8 months since Cuscaden Peak submitted a proposal to the board of directors of Singapore Press Holdings. Securities Fixed Income Derivatives Indices Data & Connectivity Sustainable Finance Regulation. Disclaimer. 3% y-o-y from $3,296. 07 Aug 2023. The Reit acquired Phipps Tower from its sponsor in 2018 for US$205 million (S$276 million). The stronger results were driven by higher revenue across all assets mainly due to lower rental relief provided and full year financial contribution from Westfield Marion. Overview of SPH REIT SPH REIT is a Singapore-based Real Estate Investment Trust (“REIT”) established principally to invest, directly or indirectly, in a portfolio of income-producing real estate which is used primarily for retail purposes. THE BUSINESS TIMES SPH Reit - Find SPH Reit News & Headlines, insight and analysis in Singapore, Asia-Pacific & global markets news at The Business Times. Units of SPH Reit closed down two cents, or 2. How long has SPH REIT been paying dividends? SPH REIT (SGX:SK6U) stock has been paying dividend to its shareholders since 01/15/2014. 602 of cash per share and 0. Change Of SPH REIT's Financial Year End From 31 August To 31 December. SPH REIT's inaugural distribution was 1. 9%, underpinned by higher occupancy at its Singapore assets and recovering tenant sales, while its WALE remains healthy at 5. Singapore Press Holdings Limited ( SPH) was an organisation with businesses in property and aged care in Singapore. SPH bidding war ‘imminent’: UOB analysts. Live Company UEN: 198402868E 79 ROBINSON ROAD Phone: +65-63196319, +65-63191050 Fomerly known as: SINGAPORE PRESS HOLDINGS PRIVATE LIMITED • SINGAPORE PRESS. Securities Act"), and may not be offered or sold in the United States absent registration or an exemption. 9%, reiterating tenants' confidence in SPH REIT's strategic assets. 782 SPH REIT Units per Share (1) Illustrative price based on SPH REIT closing price of S$1. 28 Jan 2021. 964 per unit by the amount of any distribution or return of capital. Maintain HOLD rating on SPH REIT's with target price at S$0. Paragon Shopping Mall, which is part of the REIT's portfolio. S$636. The Reit is sponsored by media and property group SPH. 6%. Securities Act"), and may not be offered or sold in the United States absent registration or an exemption. SPH REIT published this content on 24 May 2022 and is solely responsible for the information contained therein. 4% q-o-q but down 24. SINGAPORE PRESS HLDGS LTD ( SGX:T39) SINGAPORE PRESS HLDGS LTD (SGX:T39) has been delisted with effect from 2022-05-13. Securities Act of 1933, as amended (the "U. PARAGON REIT (formerly known as “SPH REIT”) is a Singapore-based real estate investment trust established principally to invest in a portfolio of income-producing real estate primarily for retail purposes in Asia-Pacific, as well as real estate-related assets. 596 units) and SPH REIT (0. 0124 for its 2QFY21 (ended 28 Feb), representing an increase of 3. 0% stake in Westfield Marion Shopping Centre) reported its second quarter results for the financial. 4 million), the real estate investment trust (Reit) said on Thursday. Based on current price of SPH REIT, the alternative will fetch $2. Payment Of Management Fees (Base Fee) By Way Of Issue Of Units In SPH. $0. CUSCADEN Peak will offer to acquire SPH Reit : SK6U 0% at S$0. SPH REIT’s performance is an indication of how the overall REIT market in Singapore has held up well despite the recent sell-down over worries that the United States might start scaling back its. SPH REIT's stands as one of the key beneficiaries of Singapore’s reopening with the largest exposure to Orchard retail, with Paragon mall anchoring 65% of its portfolio (by asset valuation). 782 SPH Reit share) offer is valued much lesser today. (vi) SPH is deemed to be interested in the Units that TPPL, TPR and the REIT Manager have an interest in. Receive at least 75% of gross income from real estate, such as real property rents. 798(1) Being the value of 0. . SPH Real Estate Investment Trust (Reit) : SK6U -1. Welcome to PARAGON REIT Investor Relations. The value of Units and the income derived from them, if any, may fall or rise. 8 per cent as at end-November, its manager disclosed in a quarterly update last Friday (Jan 7). 36, or S$2. 4% y-o-y to S$105. When SPH REIT announced its FY19 full year results, I mentioned that the debt gearing currently stood at 27. CGS-CIMB Adjusts Paragon REIT's Price Target to SG$1. As at end-August, its proportion of fixed debt was 71 per cent, with an average cost of debt of 1. 782 SPH REIT Units per Share (1) Illustrative price based on SPH REIT closing price of S$1. 400 for each SPH Share1 “Cuscaden Composite Document”: The document dated 28 February 2022. 099 per share. Apps. . is currently the largest shareholder, with 31% of shares outstanding. MORE STORIES. This Offer is known as a Chain Offer, triggered by Cuscaden's acquisition of SPH has been completed. 715) and 0. SPH REIT published this content on 22 June 2022 and is solely responsible for the information contained therein. The recent restriction easing and border opening should improve SPH REIT's performance moving forward. SPH Reit, a real estate investment trust, will change its name to Paragon Reit to better reflect its vision and mission in the Asia-Pacific retail landscape. 36 per share or S$1. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. Headquarters. 602) part share (0. We are committed to providing timely, high quality information to investors interested in key performance ratios, financial news or results. 2% premium over the one-month volume weighted average price. Paragon REIT announced dividend of taxable income distribution of 2. The higher topline results were due to full year. SPH REIT Commits To Provide Tenants'. 13. PARAGON REIT MANAGEMENT PTE. Daily Volume & Value Traded includes Ready Market & Off Market transactions. 5 per cent, lower at 97 cents. SPH REIT is not owned by hedge funds.