Initiate Coverage of Paragon REIT with NEUTRAL Paragon REIT’s asset under management comprises 4 retail malls in Singapore and Australia. Paragon, the largest asset in the portfolio, contributed 62% of net property income in FY23 and accounts for 68% of total portfolio value.  The sponsor is Cuscaden Peak Investments Pte Ltd, a consortium that includes […]

source: https://thefinance.sg/2024/08/22/paragon-reit-softer-retail-sales-limit-income-growth/