SPH Reit

Paragon 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. Paragon REIT has a portfolio of five assets in Singapore and Australia. Its portfolio of properties in Singapore comprises a 99-year leasehold interest in Paragon, a 99-year leasehold interest in The Clementi Mall and a 99-year leasehold interest in The Rail Mall. These Singapore properties have an aggregate net lettable area of approximately 960,000 sq. ft. In Australia, Paragon REIT owns a 50% freehold interest in Westfield Marion Shopping Centre, the largest regional shopping centre in Adelaide, South Australia. Paragon REIT also owns an 85% interest in Figtree Grove Shopping Centre, a freehold sub-regional shopping centre in Wollongong, New South Wales, Australia. Both Australian properties have an aggregate gross lettable area of approximately 1.7 million sq. ft. The company was formerly known as SPH REIT and changed its name to Paragon REIT in December 2022.

SPH Reit seeks to create long-term shareholder value by investing in quality, income-producing real estate used for retail purposes, driven by an experienced and prudent management team.

SPH Reit strives to be a leading regional REIT, with a portfolio of income-producing real estate that are used for retail purposes.

In 2020, SPH Reit received was recognised by the Straits Times Index as the top performing REIT in Singapore and as the only S-REIT listed in the Global Real Estate Sustainable Benchmark for financial performance for three consecutive years. It was also featured in the Global 150 Most Responsible Real Estate Investment index.