› 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. WITH its offer to acquire Singapore Press Holdings (SPH) having been approved by shareholders of the mainboard-listed property player, Cuscaden Peak has started despatching to shareholders the forms for them to choose between getting all cash or a combination of cash and SPH Reit SK6U units. Units of SPH Reit closed down two cents, or 2. SPH REIT maintained its strong portfolio occupancy rate of 97. Distributed by Public , unedited and unaltered, on 25 November 2021 03:09:02 UTC . SK6U | Complete Paragon REIT stock news by MarketWatch. 4% q-o-q but down 24. 208 photos. 9 per cent below SPH Reit's last traded price, on Thursday (Apr 28), of S$0. SI) stock quote, history, news and other vital information to help you with your stock trading and investing. 52 cents of DPU which was previously withheld from FY2020. 20. (“ PARAGON RM” or the “Manager”), the Manager of PARAGON REIT1 (formerly known as “SPH REIT”), today announced its financial results for the 16 months2 ended 31 December 2022 (“16M FY2022”). In. 98, respectively, as of 28 October 2021, the total consideration is now around S$2. Against the backdrop of global vaccination drives and a gradual recovery in tenants’ sales, SPH REIT’s near-term focus is to maintain healthy occupancy and sustainable rental income in. 798(1) Being the value of 0. They purchase based on a forward looking income basis, which means that there are. 1 per cent in total return terms, after a challenging 2022 which saw it decline 12 per cent. SPH REIT - SG2G02994595 - SK6U. 596 Keppel Reit units valued at 71. LTD. 5 million through the private placement. SPH REIT gearing remains stable at 30. This REIT essentially formed 25% of their EPS or DPS. 099 per share. 668, as well as 0. Apps. 596 of a Keppel Reit unit and 0. Cuscaden Peak. PRESS RELEASE. S. In addition, the high occupancy was supported by a high tenant retention ratio of 82. 1. According to the REIT manager, the new name is “synonymous with quality and excellence”. 099 per share. Distributed by Public, unedited and unaltered, on 17 June 2022 03:02:02 UTC. Based on closing price of S$0. Price vs Fair Value. SPH REIT published this content on 20 June 2022 and is solely responsible for the information contained therein. More On This Topic. 1. of the share. The Reit has $1. 099 per share, comprising cash of S$0. CGS-CIMB Research analysts Eing Kar Mei and Lock Mun Yee have reiterated “add” with an unchanged target price of $1. 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. 77 per cent. Ltd. 602 in cash and 0. 97 dated December 1, 2022. 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. SK6U. 5K views 05:23SPH Reit posts lower DPU after distribution deferment, capital. 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. Asia’s most international, multi-asset exchange, operating securities, fixed income and derivatives markets to the highest regulatory standards. SPH REIT also holds an 85% equity stake in Figtree Grove, a freehold sub-regional shopping centre in Wollongong New South Wales,. 2 per cent of SPH Reit. Units in SPH REIT closed 1 cent higher or 1. About 1. 602 cash per share plus 0. 2 cents, Business News & Top. 964 per unit by the amount of any distribution or return of capital. 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. See Saanich Penninsula Hospital location page . 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. SPH REIT maintained its strong portfolio occupancy rate of 97. 2%. General. CapitaLand Ascendas Reit was among the most actively traded by value, with 24 million units worth $67. 3. 36. 72 cents per unit, which is the minimum offer price required after adjusting for. Disclosure Of Interest/ Changes In Interest Of Trustee-Manager/ Responsible Person - Disclosure Of Interest/Changes In Interest Of The Manager Of SPH REIT. The Reit acquired Phipps Tower from its sponsor in 2018 for US$205 million (S$276 million). 782 SPH REIT units (worth $2. 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. 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. 99, or 5. 64 per cent of total issued SPH Reit units. LTD. Ms Lim is a director of Times Development Pte Ltd, Orchard 290 Ltd and SPH REIT (Investments) Pte Ltd, all of which are property subsidiaries of SPH. "Keppel will hold a remaining stake in SPH REIT and Keppel REIT of. Paragon REIT Units Real Estate Investment Trust. The offer is made for all the units in SPH REIT, other than those already owned, controlled or agreed to be acquired by Cuscaden Peak and parties acting in concert with the offeror. (ii) The REIT Manager owns approximately 4. Paragon REIT (formerly known as SPH REIT) Dec 2018 - Present 5 years. 716 per share, from a distribution in-specie (“DIS”) by SPH. SPH REIT published this content on 21 December 2021 and is solely responsible for the information contained therein. Read more at The Business Times. The sum of the Offeror Consideration and the SPH REIT units to be distributed by SPH to its shareholders in accordance with the Scheme has an implied value of $2. Security. 4%. $12. 5%, a reflection of its proactive leasing efforts to renew or sign leases in advance mitigating vacancies. 6 million for the nine months ended 31 May, an increase of 22% year-on-year. Arbor Realty Trust Inc. When was Suburban Propane Partners's most recent dividend payment? Suburban Propane Partners's most recent quarterly dividend payment of $0. Accessibility is further enhanced by its proximity to the Bukit Timah Expressway (“BKE”) and Pan Island Expressway (“PIEDBS Group Holdings Limited (SGX:D05) held its 22nd AGM yesterday (30 March 2021) afternoon, where I've attended as a shareholder. 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%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. SPH REIT Units are not obligations of, deposits in, or guaranteed by the SPH REIT Manager or any of its affiliates. 5% y-o-y). The goal is to seek premium price because of differentiation and uniqueness of the offerings. 4% stake in SPH REIT (SGX:SK6U) for approximately SGD 380 million. S. 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. 1 file. 798(1) Being the value of 0. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. (SPH) dividend growth history: By month or year, chart. Securities Act"), and may not be offered or sold in the United States absent registration or an exemption from the registration requirements of the U. SGD 0. Ltd. 7K views 03:24. 602 cash per share plus 0. 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. The move will serve to "strengthen the offerings of SPH Media and, in particular, that of The Business Times", the group said in a media release on Wednesday (Nov 1). 0% stake in Figtree Grove Shopping Centre, as well as a 50. . The information behind this electronic gatepost is only being made available to residents of Singapore. The tenant sales are positive for both Clementi Mall and Westfield while marginal drop for Paragon. Paragon REIT Reports Unchanged DPU of SG$0. 351 per share, consisting of S$0. 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. It is well served by the Hillview MRT station about 250 metres away and a network of public bus services. 8% yoy. . Chart. Find out its share. Goola Warden Thu, Apr 14, 2022 • 08:31 PM GMT+08 • 1 min read. The group holding the most number of shares in the company, around 33% to be precise, is individual investors. 020 per SPH REIT Unit as at 12 November 2021). Follow us on Facebook and join our channel for the latest updates. 52K subscribers. ) Let us take a look at its financial results, and compare them against the REIT’s results. ) In this post, you'll find an analysis of the REIT's results in terms of its financial performance, portfolio occupancy and debt profile, and its distribution per. Chart. SPH REIT published this content on 20 May 2022 and is solely responsible for the information contained therein. The information behind this electronic gatepost is only being made available to residents of Singapore. Business News -SINGAPORE • SPH Reit will issue a lower payout for the first quarter but it noted yesterday that business is slowly picking up after the hit it took. SINGAPORE - SPH Reit is planning to acquire The Rail Mall for $63. 602 of cash per share and 0. How long has SPH REIT been paying dividends? SPH REIT (SGX:SK6U) stock has been paying dividend to its shareholders since 01/15/2014. Announcement Details. SGD 0. One thing I would like to point out is that the distribution for 1H FY 21 includes the release of approximately S$7. As part of the arrangement, the company announced that SPH shareholders will receive consideration of S$2. On 7th November 2019, SPH REIT announced the acquisition of 50% in Westfield Marion Shopping Centre, Adelaide, South Australia. 36 per share or S$1. Unlock. SI stock on Yahoo Finance. 0172 for Four Months to December 2022 Period. 19 Jul 2023. 2 per cent of shareholder votes signalled their approval for the acquisition of SPH, while 1. 02 at that time (15 Nov 2021), This part cash ($1. 9% in FY19, owing to. Should the proposed privatisation go through, the sponsor’s stake will decrease from the current 63% to below. Under the offer, SPH shareholders will receive a total consideration of $2. 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. 782 SPH Reit units valued at. Read more at The Business Times. SPH REIT's inaugural distribution was 1. 10. 2% y-o-y) was in line, forming 79% of our 16-month FY22F. 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. Feb. completed the acquisition of an additional 14. Announcement Details. Summary. SPH REIT (SGX:SK6U), a pure-play retail REIT with properties in Singapore and Australia, released its results for the first half of the financial year 2021/22 last Friday. 596 Keppel REIT units valued at S$0. Ltd. 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. Jul 01, 2022 11:47 AM. 07x and dividend yield of 5. Paragon REIT Reports Unchanged DPU of SG$0. In its upcoming financial release, for which it has yet to confirm the release date, the Reit is expected to report a 16-month. Search for stock quotes, share prices, market data and trading information of all equity securities traded on Singapore Exchange. The portfolio of SPH REIT comprises the following five quality and well located commercial properties in Singapore and Australia:In short, for every 1,000 SPH shares owned, the shareholder gets $668 in cash, $715 worth of Keppel Reits and $716 worth of SPH Reits. 782 SPH REIT Units per Share (1) Illustrative price based on SPH REIT closing price of S$1. As at 6 pm on Wednesday, offeror Cuscaden Peak had received valid acceptances of its chain offer in respect of approximately 4. 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. There have been a number of acquisitions allowing further growth of the REIT. Net asset value per unit as at 31 August 2022 remained stable at. Blog. Indeed, the consortium subsequently announced the chain offer of SPH REIT at $0. Cuscaden Peak, a consortium comprising Hotel Properties, its managing director Ong Beng Seng, and 2 Temasek-related entities CLA and Mapletree, is offering each SPH shareholder the choice between an all-cash offer of S$2. 68 cents for 1H FY2022, increasing by 9. 12-Jul-2021 18:43:20. SPH REIT Units (via DIS) S$0. Securities Fixed Income Derivatives Indices Data & Connectivity Sustainable Finance Regulation. 8 cents per share, as well as 0. IT HAS been just over 8 months since Cuscaden Peak submitted a proposal to the board of directors of Singapore Press Holdings. However, given its sizable exposure to the high-end retail mall industry, concern over its business operational outlook over the short-term is warranted. 782 SPH REIT units for every SPH share held. . -- SPH REIT's distributable income to unitholders surged 71. SPH REIT strives toThe investment strategy of SPH REIT is 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. 8%,. 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%Ng has served as a non-executive and non-independent Director of SPH REIT since August 2017. 099 per SPH share, which represents a 16. SPH REIT has. Download Telegram About. Ltd. 5 cents on Jan 12. 0141 in the same period last year. An investment in SPH REIT Units is subject to investment risks, including the possible loss of the principal amount. What is a Chain Offer? The Chain Offer refers to a mandatory cash offer whereby Cuscaden Peak will pay unitholders of SPH REIT a minimum offer price for each unit. 052/SPH share between 30 July 2021 to 9 November 2021 due to changes in unit prices of Keppel REIT and SPH REIT. MORE STORIES. CapitaLand Ascendas Real Estate Investment Trust. 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. It is relatively lower than other retail REITs with gearing ratio typically above 30%. 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. SPH REIT has. 602 cash and 0. 668 per share, 0. As part of the renewal process of the Board, Mr. 782 of an SPH Reit unit through a distribution-in-specie by SPH. 6 per cent from DPU of 1. Paragon REIT engages in the direct and indirect investments on a portfolio of income-producing real estate used primarily for retail purposes. . The overall positive financial results were a little surprising to me. Recent Buy Backs. 15am, units in SPH REIT are trading flat at 97 cents, or an FY2022 P/B of 1. 1. Ltd. 351 comprises 86. Apps. Join. 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. 40 per share comprising $1. 3250 per share was made to shareholders on Tuesday, November 14, 2023. P. The change will take effect from Jan 3 at 9am,. 36%. SPH REIT (SGX:SK6U) provided an update for the third quarter FY2019/20 ended 31 May 2020 yesterday evening. The counter rose 1. Name) Tay Zheng YuPARAGON REIT is a real estate investment trust that owns and manages prime retail and office properties in Singapore. 0553 (+2. 41 to 734. It owns three retail assets in Singapore, with Paragon Mall. The group’s newspaper ad revenue YoY decline has increased from 12. Ltd. 90 per unit on 30 December 2022 (31 August 2021: S$0. Disclaimer. This will bring the number of SPH REIT units to be acquired by the offerer and its. 7 per cent, said the Reit in a business update on Monday (Feb 13), and puts the DPU. 72 cents for the 4MFY2022 ended Dec 31, 2022, unchanged y-o-y compared to the same period the year before. 209 photos. Share Price as of: -. #1. SPH REIT (SGX:SK6U)'s 12-month FY22 DPU of S$0. Every investor in SPH REIT should be aware of the most powerful shareholder groups. Payment Of Management Fee (Base Fee) By Way Of Issue Of Units In SPH REIT. 73. Hope to catch a nice uptrending wave for SPH Reit as the price bounces off. 38 cents. Back Dec 29, 2022. Under the proposed scheme, they will receive $2. Join REITirement - SREIT. SPH REIT's (SGX:SK6U) top owners are individual investors with 33% stake, while 31% is held by private companies. 3 Key Takeaways from me on the Rival SPH offer. Legal Name SPH REIT Management Pte Ltd. Since its takeover by Cuscaden Peak in 2022, it has been renamed Cuscaden Peak Investments . SPH REIT published this content on 24 June 2022 and is solely responsible for the information contained therein. Suntec REIT (SGX:T82U) posted its results for the third quarter and first 9 months of the financial year 2020 (ended 30 September) this morning. To capitalize SPH Media with initial resources, SPH will provide a one-time injection of funds to it (akin to a “divorce fee”). Disclaimer. the SPH REIT Units (including those SPH REIT Units held by SPH after completion of the DIS) and the Offeror is required to make the Chain Offer. 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 in Asia-Pacific, as well as real estate-related assets. 8% y-o-y to S$277. 782 SPH REIT shares with an indicative value of. 9450. Download Telegram About. 91). Currently SPH REIT is the subject of a mandatory chain offer for all its units by Cuscaden Peak Pte Ltd (the "Chain Offer" ), and under the Singapore Code of Take-overs and Mergers, directors of SPH REIT are not allowed to resign during the offer period unless certain conditions are satisfied or with the express approval of the Securities. CUSCADEN PEAK INVESTMENTS PRIVATE LIMITED. 2m (-2% h-o-h), coming in at 98% of our full-year forecast. SPH REIT published this content on 27 May 2022 and is solely responsible for the information contained therein. , a wholly-owned subsidiary of Singapore Press Holdings Limited. Last Funding Type Post-IPO Equity. It divides the Forward Annualized Dividend by FY1 EPS. SPH REIT (SGX:SK6U), a pure-play retail REIT with properties in Singapore and Australia, released its results for the first half of the financial year 2021/22 last Friday evening (01 April 2022. It is offering each shareholder the option of an all-cash offer of $2. 4 billion. As at end-August, its proportion of fixed debt was 71 per cent, with an average cost of debt of 1. 0% interest in 15 properties, and a 100. com Industry Dividends REIT MLP. Follow us on Facebook and join our channel for the latest updates. CI. When SPH REIT announced its FY19 full year results, I mentioned that the debt gearing currently stood at 27. SPH REIT MANAGEMENT PTE. 5 cents on Thursday (April 28). Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. com: The #1 Source For Dividend Investing. 596 Keppel REIT units and 0. 8 cents per share, 0. 2 billion to buy all of SPH’s shares, bringing the total deal to S. With effect from 3 January 2023, SPH REIT has officially been renamed PARAGON REIT; for more information, please refer to the following announcement. SINGAPORE, 13 February 2022 – PARAGON REIT Management Pte. S$636. Distributed by Public, unedited and unaltered, on 24 June 2022 02:45:00 UTC. Feb. Mandatory Cash Dividend/ Distribution. SPH REIT’s 1Q FY2022 Distributionfor the purposes of complying with Rule 25 of the Singapore Code on Take- overs and Mergers (the “Take-Over Code ”), which report is based on a review of the interim financial information of SPH REIT for 1Q FY2022 Interim Financial 1Q FY2022 (the “ Information”). Disclaimer. 3250 per share was made to shareholders on Tuesday, November 14, 2023. , a wholly-owned subsidiary of Cuscaden Peak Investments Private Limited (formerly known as Singapore Press Holdings Private Limited). -0. Courier 158 Dunlop Street EastSPH shareholders can choose to receive either $2. 36 per SPH share, or an alternative of $2. 3% y-o-y from $3,296. 782 SPH REIT Units per Share (1) Illustrative price based on SPH REIT closing price of S$1. Login with PasswordKEPPEL Reit has divested its stake in its Brisbane property for A$275 million (S$277. SPH REIT Units. Singapore Press Holdings officially delisted, Gerald Yong to take over as CEO from Ng Yat Chung. SPH Reit's portfolio now includes a shopping centre in Adelaide, Australia, in which the Reit holds a 50 per cent stake. Prior to that, shares of SPH closed flat at $2. 40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2. This was an improvement from its 97. 7% over the past week. 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. CUSCADEN Peak's mandatory cash offer to acquire all units of SPH Reit : SK6U +0. Jul 01, 2022 11:47 AM. In addition, the high occupancy was supported by a high tenant retention ratio of 82. Resolution #2, which is to re-appoint KPMG LLP as the auditors of SPH REIT to hold office until the conclusion of the next Annual General Meeting of SPH REIT, and to authorise the Manager to fix their renumeration, was passed with 99. Welcome to PARAGON REIT Investor Relations. Login with Google. Change Of SPH REIT's Financial Year End From 31 August To 31 December. Ltd. Looking ahead, SPH Reit said that it would maintain a disciplined approach to capital management. (PBSA) portfolio, SPH REIT’s Figtree Grove and Rail Mall, which helped to offset declines in its media revenue. 0% stake in Westfield Marion Shopping Centre) reported its second quarter results for the financial. Therefore, the current financial year will be a 16-month period from 1 September 2021 to 31 December 2022. 020 per SPH REIT Unit as at 12 November 2021, being the Last Trading Day. Follow us on Facebook and join our Telegram channel for the latest updates. 099 per share. Singapore Press Holdings Limited (SPH) received an unsolicited proposal from Temasek-backed real estate consortium Cuscaden Peak Pte. Distributed by Public, unedited and unaltered, on 03 June 2022 03:21:01 UTC. Blog. 2m (+14. We are committed to providing timely, high quality information to investors interested in key performance ratios, financial news or results. SGD 0. Currently SPH REIT is the subject of a mandatory chain offer for all its units by Cuscaden Peak Pte Ltd (the "Chain Offer" ), and under the Singapore Code of Take-overs and Mergers, directors of SPH REIT are not allowed to resign during the offer period unless certain conditions are satisfied or with the express approval of the Securities. 01% of the Units. Take a look at five REITs with recent insider buying that could be a tip-off that better times are ahead. Date Of Release Of 2020 Second Quarter Results. 0172 for Four Months to December 2022 Period. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. Need help interpreting the REIT data? Then read our guide on 5 Important Factors You Need to Consider Before Investing in Any REIT. The Board and Management firmly believe that success and prosperity depend upon our adherence to ethical business conduct. 54%. SPH REIT (SGX:SK6U)’s 1H22 ending Feb 2022 (FY22) gross revenue grew 1. Disciplined Capital Management. provides SPH shareholders with either a total consideration of S$2. Build Retirement Portfolio with S-REIT REITirement - SREIT @REITirement. SPH REIT adopts a proactive and disciplined capital management approach. Share Price as of: -. 96, Keeps at Hold. Paragon REIT SK6U 0% , formerly SPH REIT, has reported a distribution per unit (DPU) of 1. 3 million (0. 1. 4 total based on SPH REIT closing price of S$1. SPH acquires portfolio of five high quality senior independent living properties in Hokkaido, Nara and Tokyo. As a result, the 12-month rental reversion rate for FY2022 was -2. 6). Platform. 782 SPH Reit unit. 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. The distribution per unit (DPU) of 1. 5 years. Stock analysis for PARAGON REIT (SPHREIT:SP) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 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. 3% y-o-y respectively, mainly on contributions from Figtree Grove (Sydney) and full year contribution from Rail Mall. 668 per share, 0. Switch to all cash, and increase the price above $2. The value of Units and the income derived from them, if any, may fall or rise. In an extraordinary general meeting (EGM) held on Dec 9, some 98. 72 cents per unit, which is the minimum offer price.