Temasek-backed Cuscaden Peak to acquire the remaining shares in Paragon REIT for SGD1.1bn.

Synopsis

Temasek-backed Cuscaden Peak, a real estate investment trust manager in Singapore, agreed to acquire the remaining shares in Paragon REIT, a real estate investment trust that invests in income-producing retail malls in Singapore and Australia, for SGD1.1bn.

Principals

target

Paragon Reit

bidder

Temasek Holdings

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