Search for stock quotes, share prices, market data and trading information of all equity securities traded on Singapore Exchange. The average one-year price target for SPH REIT (SGX:SK6U) has been revised to 1. The mall is South Australia’s largest shopping centre spanning c. Mandatory Cash Dividend/ Distribution. or more of the SPH REIT Units (including those SPH REIT Units held by SPH after the completion of the DIS). Read more at The Business Times. , as manager (the “Manager”) of SPH REIT (“SPH REIT”), is making an offering (the “Offering”) of 308,884,000 units representing undivided interests in SPH REIT (“Units”) for subscription at the Offering Price (as defi ned below) (the “Offering Units”). 0% stake in Westfield Marion Shopping Centre) reported its second quarter results for the financial. ABOUT SPH REIT 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. Mandatory Cash Dividend/ Distribution. PARAGON REIT Announces Distribution for the Period from 1 September 2022 to 31 December 2022, Payable on 28 March 2023. 02% (or 515,800) of the votes against. Stock Symbol SGX:SK6U. 3. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. Share Price as of: -. Barrie ON - Head Office: Phone – Direct (705) 725-6020 Phone – Toll Free 1–844-474-9620 Fax (705) 725-8026. This boost SPH REIT’s debt headroom should it needs to raise debt for. Download Telegram About. General. Company Type For Profit. 099 per share. SPH Reit units shed three cents to close at $1. Paragon REIT is a real estate investment trust (REIT) in Singapore and Asia Pacific, with a portfolio of income-producing retail properties. In all, this values SPH at $3. FY2021 refers to the period 1 September 2020 to 31 August 2021. SPH REIT's inaugural distribution was 1. Paragon REIT Reports Earnings Results for the Four Months Ended December 31, 2022. SPH shareholders will be entitled to 0. Summary. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). Cost of debt was at 1. 868 per share in cash, 0. ) Let us take a look at its financial results, and compare them against the REIT’s results. If you had been redirected from please note the change in website address to with immediate effect. 782 SPH Reit units valued at 79. 0 / 0 %. Keep the Cash + Keppel / SPH REIT offer, but up the price, or. The information behind this electronic gatepost is only being made available to residents of Singapore. 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. 798 as at 12 November 2021, being the last full trading day before the Cuscaden Scheme Joint Announcement Date) for each SPH Share, at an illustrative value of S$2. 36, or S$2. 9m (+1. 40 per share, comprising a mix of SPH REIT units and cash, or an all cash offer of S$2. SPH REIT (SGX:SK6U)’s FY21 (Sep 2020 to Aug 2021) revenue rose by 14. Build Retirement Portfolio with S-REIT. SPH REIT Management Pte. Contact Us. SPH REIT maintained its strong portfolio occupancy rate of 97. SPH REIT is a real estate investment trust that invests in income-producing retail malls in Singapore and Australia. For context, the second largest shareholder holds about 26% of. 782 SPH REIT units per share. Price vs Fair Value. Under the offer, SPH shareholders will receive a total consideration of $2. 2% y-o-y. 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. This offer was worth $2. Chain offer price for SPH REIT. Sph Reit Management Pte Ltd, 1000 Toa Payoh North, News Centre. Its final offer for SPH is S$2. 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. 64% of the total issued SPH REIT units. SPH bidding war ‘imminent’: UOB analysts. Its portfolio comprises leasehold. 1% over five years. Cuscaden Peak, a consortium of local investors, offered to buy all units of SPH real estate investment trust (Reit) at 93. 782 SPH REIT units for every SPH share held. This will bring the number of SPH REIT units to be acquired by the offerer and its. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. 1. 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. Looking ahead, SPH Reit said that it would maintain a disciplined approach to capital management. Ltd. This will comprise cash of 66. Ltd. Units of SPH Reit closed down two cents, or 2. SPH had in August received a privatisation offer from Keppel at S$2. Therefore, the current financial year will be a 16-month period from 1 September 2021 to 31 December 2022. 668 per share. They purchase based on a forward looking income basis, which means that there are. Ltd. SPH REIT Units. 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 recognises that effective corporate governance lays the foundation for stakeholders’ trust, as well as the sustainability and viability of all business operations. 0. Distributed by Public, unedited and unaltered, on 20 June 2022 03:43:09 UTC. 7 per cent, said the Reit in a business update on Monday (Feb 13), and puts the DPU. Mr Patrick Daniel, Interim CEO of SPH Media Trust, recounted that SPHL had reiterated in its EGM circular to its shareholders that "the listed company model is no longer the best business structure. All Island Equity REIT is a diversified real estate investment trust that is focused on British Columbia with around $215 million of assets on Vancouver Island. The company is based in Singapore. SK6U | Complete Paragon REIT stock news by MarketWatch. SPH REIT MANAGEMENT PTE. . This presentation may also contain forward-looking statements that involve risks and uncertainties. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. SGD 0. The information behind this electronic gatepost is only being made available to residents of Singapore. SPH acquires portfolio of five high quality senior independent living properties in Hokkaido, Nara and Tokyo. It is offering each shareholder the option of an all-cash offer of $2. 38B. On 8th October 2022, SPH REIT announced its FY2022 results for the 12 months ended 31 August 2022. The offer to existing SPH shareholders is in the form of cash, SPH REIT, and Keppel REIT. 4% q-o-q but down 24. 3) 0. When SPH REIT announced its FY19 full year results, I mentioned that the debt gearing currently stood at 27. In particular, the units of PARAGON REIT have not been and will not be registered under the U. › 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. , a wholly-owned subsidiary of Cuscaden Peak Investments Private Limited (formerly known as Singapore Press Holdings Private Limited). 06:08 Outlook for Reits. Notes. On a QoQ basis, SPH REIT performance is improving. 4 cents per SPH Reit. Chain offer price for SPH REIT. -0. Stock analysis for PARAGON REIT (SPHREIT:SP) including stock price, stock chart, company news, key statistics, fundamentals and company profile. $0. The company's portfolio includes Paragon and The Clementi Mall. Overview of 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. Join REITirement - SREIT. CapitaLand Ascendas Reit was among the most actively traded by value, with 24 million units worth $67. 602 in cash and 0. Valuing Others – Associates, Joint Ventures (Property Development. Change Of SPH REIT's Financial Year End From 31 August To 31 December. 782 of an SPH Reit unit through a distribution-in-specie by SPH. Securities Act"), and may not be offered or sold in the United States absent registration or an exemption. The company's market. S. This includes a cash injection of $80 million, $30 million worth of SPH shares and SPH REIT units (Approximately 23. of the share. See Saanich Penninsula Hospital location page . 35, while units of SPH Reit ended 0. My Notes. 2 per cent of SPH Reit. 16M FY2022 refers to the period 1 September 2021 to 31 December 2022. Eagle Hospitality Trust's former and current directors arrested, out on bailNote Include only SGX Mainboard & Catalist Board listed companies / REITs / business trusts' upcoming corporate actions on dividends / entitlements / rights / bonus / offer / splits / etc. With Keppel REIT and SPH REIT trading at S$1. 782 SPH REIT Units per Share (1) Illustrative price based on SPH REIT closing price of S$1. MT. Paragon REIT Units Real Estate Investment Trust. Follow us on Facebook and join our Telegram channel for the latest updates. Market / ISIN Code: SGX Mainboard / SG2G02994595. The mall is South Australia’s largest shopping centre spanning c. SPH REIT invests in retail properties in Asia-Pacific. Announcement Title: Change in Issuer Name: Date & Time of Broadcast: Dec 29, 2022 12:50: Status: New: Announcement Reference:. Sector / Industry / Sub-Industry: Real Estate / Equity Real Estate Investment Trusts (REITs) / Retail REITs. 94 pence (3. SPH REIT’s growth momentum continued into 4Q19, both organically and inorganically. SPH REIT MANAGEMENT PTE. 36445, not much difference from the all cash offer of $2. PRESS RELEASE. Maintain HOLD rating on SPH REIT's with target price at S$0. SPH REIT (SGX:SK6U) ’s portfolio occupancy at 98. 9% in FY19, owing to. SPH REIT has. Share Price as of: -. TAGS. CGS-CIMB Research analysts Eing Kar Mei and Lock Mun Yee have reiterated “add” with an unchanged target price of $1. 099 per share. SPH REIT's eligibility to list on the Main Board of the SGX-ST does not indicate the merits of the Offering, SPH REIT, the Manager, the Trustee, the Sponsor, the Global Coordinator, the Joint Bookrunners or the Units. In addition, the high occupancy was supported by a high tenant retention ratio of 82. com: The #1 Source For Dividend Investing. 5 years. SPH REIT published this content on 09 June 2022 and is solely responsible for the information contained therein. What is the dividend yield of SPH REIT? SPH REIT - SK6U has a dividend yield of 5. 2m (+14. SPH REIT and SPH REIT Management Pte Ltd Announces Resignation of Chua Hwee Song as Non Executive Non Independent Director Jul 07 Cuscaden Peak Pte. The Rail Mall, acquired by then SPH REIT on 28 June 2018, is located along Upper Bukit Timah Road. 715 per share. In its annual report for 2021, you can find out how it performed in a challenging year, its financial results, its portfolio overview, its sustainability initiatives, and its future outlook. 9400. Payout Ratio (FWD) Fwd Payout Ratio is used to examine if a company’s earnings can support the current dividend payment amount. Separately, Cuscaden Peak reminded unit holders of SPH Reit that it is entitled to reduce the minimum chain offer price of $0. Improved performance in 1H FY2022 reflecting SPH REIT's resilient portfolio of assets. 602 cash per share plus 0. 58%. SPH REIT published this content on 20 May 2022 and is solely responsible for the information contained therein. Despite the decline in visitor traffic, FY tenant sales remain resilient. 9372 per unit for all units of SPH REIT. the Relevant SPH REIT Unit (being 0. SINGAPORE, 13 February 2022 – PARAGON REIT Management Pte. DPU at 2. MT. 2 cents, Business News & Top. Cuscaden, a consortium comprising Hotel Properties, businessman Ong Beng Seng and 2 Temasek-linked entities CLA and Mapletree, had in April 2022 offered to acquire SPH Reit at the minimum offer price of S$0. Felicia Tan Fri, Apr 29, 2022 • 08:19 AM GMT+08 • 2 min read. SPH REIT has obtained the approval of its trustee to change its name to Paragon REIT. (“ 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”). SPH REIT, in my opinion, is a decently-run REIT that has demonstrated a good track record of NPI and DPU growth. S. com. 2 Acquisition: upon the DIS taking effect, a proposed acquisition (the “Acquisition”) by the Offeror of all the issued and paid. 3 per cent to 90. 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. DPU for the fiscal year 2014 (FY2014) was S$0. Find out all the key statistics for Paragon REIT (SK6U. TAGS. SPH REIT renames to Paragon REIT from January 3rd, 2023. To capitalize SPH Media with initial resources, SPH will provide a one-time injection of funds to it (akin to a “divorce fee”). SPH shares closed 0. CUSCADEN Peak will offer to acquire SPH Reit : SK6U 0% at S$0. Distributed by Public, unedited and unaltered, on 22 June 2022 03:24:01 UTC. General. Announcement Details. com. Gross. Consequently, portfolioDisclaimer. 596 Keppel REIT units and 0. 31b, giving it a gearing ratio of 25. 8% y-o-y) and NPI of S$202. 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. 9%, reiterating tenants’ confidence in SPH REIT’s strategic assets. Prior to 1 December 2021, SPH was in the media business as well with a reach in the print, digital, radio, and outdoor media. The Reit will be led by its sponsor, Cuscaden Peak Investments, a consortium of tycoons and investors. SPH REIT Commits To Pass On Fully The Property Tax Rebate Granted By The Singapore Government To Tenants Adversely Impacted By COVID-19, And Will Continue To Provide Further Rental Rebates. SINGAPORE, 13 February 2022 – PARAGON REIT Management Pte. 4 million), the real estate investment trust (Reit) said on Thursday. 975), it is valued at $2. THE BUSINESS TIMES: SPH Real Estate Investment Trust (Reit) will be renamed to Paragon Reit as the name change will better reflect the trust’s vision and mission to capture unique opportunities in the Asia-Pacific retail landscape, the Reit manager said on Thursday. Cuscaden Peak Pte. 33 last Friday, while SPH Reit ended 1 per cent up at $1. 90 Projected DPU Yield = 5. 020 per SPH REIT Unit as at 12 November 2021, being the Last Trading Day. 44%, according to CGS-CIMB’s estimates. 596 Keppel Reit unit and 0. 0. SPH REIT to merge with MPACT or CICT? Lifetime Membership When SPH shareholders approved the acquisition by Cuscaden Peak on 22 March 2022, the writing was on the wall that SPH REIT would be the next to be acquired. IT HAS been just over 8 months since Cuscaden Peak submitted a proposal to the board of directors of Singapore Press Holdings. Ltd. 36%. LTD. 07 Aug 2023. 21 Jul 2023. 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 2022Grant Of Award And Notice Of Transfer Of SPH REIT Units Under Performance Unit Award. Keppel's final offer of $2. 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. Given that the markets usually pay for the long-term financial health of a company, we wonder if the current momentum in the share. 099 per share. Chua Hwee Song resigns as SPH CFO and from SPH Reit board. Security. Other information is defined as all information in the annual report other than the financial statements and our auditors’ report thereon. 782 SPH REIT units (worth $2. 54%. MT. 099 per SPH share, which represents a 16. 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. 8 per cent as at end-November, its manager disclosed in a quarterly update last Friday (Jan 7). Platforms. Download the PDF file and learn more about PARAGON REIT's. An investment in SPH REIT Units is subject to investment risks, including the possible loss of the principal amount. The property was valued at US$210 million as at Dec 31, 2022. 3% quarter-on-quarter (QoQ) and 313. Join the Membership. 商业时报Find detailed analysis of Singapore-listed companies, along with advices on long-term investing and short-term trading here. [Announcement] Mapletree Logistics Trust's EGM to be Held on Monday, 23 November 2020, at 2. The Reit has $1. 1) Cash of S$0. 03. SPH REIT (SGX:SK6U) has changed the issuer name / code to PARAGON REIT (SGX:SK6U) with effect from 2023-01-03. LTD. 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. Note Includes only corporate actions with Ex-Date within upcoming 3 months. We have obtained all other information prior to the dateSPH already has a privatisation offer from Keppel Corporation made in August this year. S. 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%Meanwhile, SPH Reit recorded an occupancy rate of 98. 782 units) for each SPH share. 9%. Legal Name SPH REIT Management Pte Ltd. 596 Keppel Reit unit (valued at $0. 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. SPH REIT Management Pte Ltd, the Manager of the Trust (“the Manager”) is responsible for the other information contained in the annual report. To put that amount in perspective, SPH is currently trading at S$1. Net asset value per unit as at 31 August 2022 remained stable at. Announcements. 54K subscribers. 596 Keppel REIT units valued at S$0. Singapore’s largest omnichannel media network, bringing you trusted news and lifestyle content across print, digital, radio and outdoor mediaPARAGON Real Estate Investment Trust (Reit), previously known as SPH Reit, declared a distribution per unit (DPU) of 1. 3250 per share was made to shareholders on Tuesday, November 14, 2023. 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. 13 and S$0. The value of SPH REIT Units and the income derived from them, if any, may fall or rise. This Offer is known as a Chain Offer, triggered by Cuscaden's acquisition of SPH has been completed. 099 per SPH share, which represents a 16. This 10 Years comparison chart explains everything why S-REIT is a MUST have asset class in your investment portfolio. 099 per SPH share, which represents a 16. 2m (-2% h-o-h), coming in at 98% of our full-year forecast. Apps. 44K links. The counter rose 1. In an Aug 7 statement, the. 8% below SPH REIT’s daily volume-weighted average price (VWAP) over the last month. $12. Summary. 20. Note Short Sell volume according to the Daily. Chief Financial Officer at Paragon REIT (formerly known as SPH REIT) Susan Leng CEO at SPH REIT See all employees Similar pages Starhill Global Real Estate Investment Trust HONG LEONG HOLDINGS LIMITED Real Estate Straits Retail Property Management Services Pte Ltd Real Estate. About 1. Get the latest news and updates on SPH REIT (SGX:SK6U), a Singapore-based real estate investment trust that invests in retail properties. SPH REIT (SGX:SK6U)'s 12-month FY22 DPU of S$0. SPH REIT - SG2G02994595 - SK6U. Money & Me: First Reit, CapitaLand, Daiwa, Digital Core Reit and the best of the S-Reit pivots (December 2021) Money and Me: VTL’s and hospitality and retail, a new Reit ETF and Making sense of offers for SPH (November 2021)SPH REIT - Units (SPHEF) Dividend Data Stock Data Avg Price Recovery N/A. SPH shareholders will be entitled to 0. 5%, which is underpinned by a high tenant retention ratio of 82. 716 per share from a distribution in-specie by SPH. 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. (iv) TPR and the REIT Manager are subsidiaries of TPPL. Join. Security. IPO Price = $0. Distributed by Public, unedited and unaltered, on 27 May 2022 09:42:19 UTC. 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. What this means is that SPH, which owns about 65% of SPH REIT, will transfer. Ltd. You are in SGX. 099 per share, comprising cash of 66. 4% y-o-y to S$105. A wellmanaged shopping mall in an area with a growing catchment population would be a good pipeline asset for SPH REIT, which currently holds Paragon and The Clementi. When was Suburban Propane Partners's most recent dividend payment? Suburban Propane Partners's most recent quarterly dividend payment of $0. Paragon REIT announced dividend of taxable income distribution of 2. 351 comprises 86. As at Aug 31, SPH REIT’s portfolio is valued at $3,338. 8 million changing hands. Securities Act of 1933, as amended (the "U. 782 SPH REIT units for every SPH share held. Yes the company SPH REIT (SGX:SK6U) pays a quarterly dividend of $0. is currently the largest shareholder, with 31% of shares outstanding. 1% to SG$157. But substantially below the 52-week high of $1. 668 per share, 0. S. Morningstar Rating. Disclosure Of Interest/ Changes In Interest Of Trustee-Manager/ Responsible Person - Disclosure Of Interest/Changes In Interest Of The Manager Of SPH REIT. The names. Units of SPH Reit rose two cents or 2. 602 cash and 0. sg. On 29th April 2022, SPH REIT announced that Cuscaden Peak Pte Ltd will make a Chain Offer of S$0. FY22 will be a 16-month period from 1 Sep 21 to 31 Dec 22. The stronger results were driven by higher revenue across all assets mainly due to lower rental relief provided and full year financial contribution from Westfield Marion. . SPH REIT published this content on 24 May 2022 and is solely responsible for the information contained therein. 9 per cent. SINGAPORE PRESS HLDGS LTD ( SGX:T39) SINGAPORE PRESS HLDGS LTD (SGX:T39) has been delisted with effect from 2022-05-13. The REIT is bound by a chain offer, resulting from its sponsor’s ongoing. 5 cent and SPH Reits is 71. Singapore Financial Controller Nanshan Group Singapore Jul 2016 - Sep 2018 2 years 3 months. SPH Real Estate Investment Trust (Reit) : SK6U -1. Distributed by Public , unedited and unaltered, on 21 December 2021 03:39:03 UTC . SGD 0 0 / 0 % Share Price as of: -Market / ISIN Code: SGX Mainboard / SG2G02994595. 7 million, up 1. 9450. Data from SPH REIT’s latest disclosure have been updated into the Singapore REITs table. The higher topline results were due to full year. 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. SPH REIT published this content on 21 December 2021 and is solely responsible for the information contained therein. Stock Symbol SGX:SK6U. 3. SGD 0. 5 million through the private placement. Join REITirement - SREIT. There have been a number of acquisitions allowing further growth of the REIT. SPH REIT is managed by SPH REIT Management Pte. Disclaimer. After failing to break above the previous support turn resistance zone of 790-800 on February 3rd 2023, the S-REIT Index is currently retracing back and trading between the 730-744 zone for the past few. Stock Articles. SGD 0. SPH REIT Units (the “Relevant SPH REIT Units”) per Share (as defined below); and 1. 5%, a reflection of its proactive leasing efforts to renew or sign leases in advance mitigating vacancies. 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. The Board of Directors of SPH REIT Management Pte. 12-Jul-2021 18:43:20. 782 of an SPH Reit unit through a distribution-in-specie by SPH. 964 per unit by the amount of any distribution or return of capital. Apr 29, 2022, 8:05 AM SGT SINGAPORE ( THE BUSINESS TIMES) - Cuscaden Peak will offer to acquire SPH Reit at 93. With effect from 3 January 2023, SPH REIT has officially been renamed PARAGON REIT; for more information, please refer to the following announcement. Paragon REIT Reports Unchanged DPU of SG$0. 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. As a new major unitholder of SPH REIT, Cuscaden has to g. 6m (+11. This was an improvement from its 97. My Stocks. The name change will take effect from Jan 3, 2023, onwards.