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CapitaLand Integrated Commercial Trust is acquiring a 100% interest in Paragon, a premier freehold integrated development near Somerset MRT station, from Cuscaden Peak at an agreed property value of S$3.9b. The asset comprises a six-storey retail podium with two basement levels (NLA: 491,817sf), and medical suites/office tower (NLA: 223,098sf). Committed occupancy is 100% across both retail and medical suites/office components.
Strengthening foothold at Orchard Road shopping corridor.
- - Read this at SGinvestors.io -
Partially funded by divestment of AST2.
- - Read this at SGinvestors.io -
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CapitaLand Integrated Commercial Trust has also completed the private placement of 326.1m new units at issue price of S$2.30 each to raise S$750m in Apr 26.
Value creation from asset recycling.
- Read more at SGinvestors.io.
Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.
Jonathan KOH CFA UOB Kay Hian Research | https://research.uobkayhian.com/ 2026-05-19
Previous report by UOB:
2026-02-09 CapitaLand Integrated Commercial Trust - Steady Execution With Smooth Assimilation Of ION Orchard & CapitaSpring.
Price targets by 2 other brokers at CapitaLand Integrated Commercial Trust Target Prices.
Listing of research reports at CapitaLand Integrated Commercial Trust Analyst Reports.
Relevant links:
CapitaLand Integrated Commercial Trust Share Price History,
CapitaLand Integrated Commercial Trust Announcements,
CapitaLand Integrated Commercial Trust Dividend Payout Dates & Corporate Actions,
CapitaLand Integrated Commercial Trust News
