Shares & Derivatives
Would I Buy this Singapore Retail REIT Today?
By Dividend Titan  •  July 19, 2021
Let’ see whether this Singapore REIT can continue to make steady gains. Today, I’m looking at a Singapore retail REIT. And this Singapore REIT happens to own a popular, high-end shopping mall in the Orchard Road belt. In fact, this shopping mall is a mix of retail and healthcare tenants. It has over 60 medical specialist clinics in their 14-storey office building. Enter Paragon. Paragon has a strong suite of high-end luxury tenants — Burberry, Prada, Ermenegildo Zegna and Ferragamo are some of them. Paragon is the crown jewel of SPH REIT (SGX:SK6U). Paragon contributes 56% of its total rent to SPH REIT. Today, SPH REIT is a major Singapore retail landlord with a market capitalization of S$2.6 billion....
Read the full article
By Dividend Titan
I am Willie Keng and I help business owners and boutique investment firms do one thing: I build practical, effective investment processes that grow their AUM than their business can practically handle…
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance