Paragon REIT

SK6U

SG2G02994595

Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. 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. It has a portfolio of five assets in Singapore and Australia, which includes Paragon, The Clementi Mall, The Rail Mall, Figtree Grove Shopping Centre and Westfield Marion Shopping Centre. Paragon is a premier upscale retail mall and medical suite/office property located in Orchard Road, Singapore, with 717,905 square feet of net lettable area (NLA). Clementi Mall is a five-story retail podium totaling approximately 195,283 square feet of retail NLA. The Rail Mall is a retail property totaling approximately 49,767 square feet NLA. Figtree Grove is a sub-regional shopping center and has a total gross lettable area (GLA) of 236,558 square feet. It is managed by PARAGON REIT Management Pte. Ltd.

Sector

Commercial REITs

Calendar

2024-04-18 - Q2 2024 Earnings Release (Projected)

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

0.845 SGD

Average target price

0.955 SGD

Spread / Average Target

+13.02%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Retail REITs

	1st Jan change	Capi.
PARAGON REIT	-5.65%	1.76B
SIMON PROPERTY GROUP, INC.	-1.59%	45.73B
KIMCO REALTY CORPORATION	-16.75%	11.96B
REGENCY CENTERS CORPORATION	-13.79%	10.65B
THE LINK REAL ESTATE INVESTMENT TRUST	-29.65%	10.09B
NNN REIT, INC.	-7.73%	7.27B
BRIXMOR PROPERTY GROUP INC.	-8.42%	6.42B
AGREE REALTY CORPORATION	-11.31%	5.61B
VICINITY CENTRES	-6.62%	5.63B
KITE REALTY GROUP TRUST	-10.06%	4.52B

Retail REITs

Market Closed - Singapore S.E. Other stock markets 05:04:28 2024-04-19 am EDT			5-day change	1st Jan Change
0.835 ^SGD	-1.18%		-2.34%	-5.65%

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