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Paragon REIT
Broker's Calls
CGS-CIMB lowers target price for Paragon REIT to 88 cents after limited upside potential
Paragon REIT has made an improvement in operating metrics, but higher cost of equity and slowdown in consumer spending loom.
November 07, 2023
Results
Paragon REIT posts gross revenue growth of 1.2% y-o-y to $215.6 million in 3QFY2023
Gross revenue for its Singapore and Australia assets increased 2.4% y-o-y and 5.4% y-o-y respectively.
October 31, 2023
Results
Paragon REIT 1HFY2023 DPU down 15.7% as higher interest cost bites
In 1HFY2023, it managed to achieve rental reversion of 6.9%, versus a contraction of 4.1% in FY2022.
August 07, 2023
REITs
Shopping for REITs along Orchard Road
Of the REITs with Orchard Road malls, Paragon mall is the largest contributor to its REIT
August 03, 2023
Broker's Calls
Paragon REIT’s reversions could be negative to flat in FY2023; CGS-CIMB maintains 'hold'
The analysts believe that the REIT’s DPU downside is likely limited.
May 11, 2023
REITs
Paragon REIT malls to accept use of CapitaLand's eCapitaVoucher
The move will enable shoppers at these malls to use eCapitaVoucher as an in-store digital payment mode.
April 10, 2023
Broker's Calls
CGS-CIMB lifts Paragon REIT TP on healthy debt, return of Chinese tourists
Formerly known as SPH REIT, the REIT changed its name in December 2022.
February 20, 2023
Results
Paragon REIT reports DPU of 1.72 cents for 4MFY2022
The DPU for the 4MFY2022 is expected to be paid on March 28.
February 13, 2023
Broker's Calls
Paragon REIT 'one of the key beneficiaries' of Singapore's reopening; upgrade to 'buy': DBS
In addition to the upgrade, DBS Group Research has upped its target price to $1.10.
January 26, 2023
REITs
SPH REIT changes its name to Paragon REIT
The name change will take effect from Jan 3, 2023, onwards.
December 29, 2022