Paragon’s value lies in the opportunity for CICT to transform an ageing gem
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CapitaLand Integrated Commercial Trust (CICT) is set to enhance its portfolio by acquiring a 100% interest in Paragon while selling Asia Square Tower 2 for S$2.476 billion, which is 9.9% above its independent valuation of S$2.252 billion as of end-2025. This strategic move aims to boost returns for unitholders in the competitive real estate investment trust market.
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