On 11th February 2025, the manager of Paragon REIT and Cuscaden Peak jointly announced the privatization of Paragon REIT. If you are wondering what is Cuscaden Peak, Cuscaden Peak Investments Private Limited is the sponsor of PARAGON REIT. How much is the manager offering to delist Paragon REIT and take it private? The scheme consideration of S$0.9800 in cash per unit represents a 7.1% premium to adjusted NAV (Net Asset Value) which translates to a Price / Adjusted NAV multiple of 1.07x. It also represents premiums of 10.9% and 12.8% to the 1-month and 12-month volume-weighted average price, respectively. The cash consideration of S$0.98 also exceeded the highest ever traded price over the last 2 years. Currently, Paragon REIT makes up 7.20% of my stock portfolio. Rationale for taking Paragon REIT Private You can find the rationale via Paragon REIT’s website, but I thought I shared them here as well. PARAGON REIT is constrained in its potential for sustained growth as...