Notice of Valuation of Real Assets::Valuation of Paragon, The Clementi Mall, Westfield Marion and Figtree Grove

Issuer & Securities

Issuer/ Manager
PARAGON REIT MANAGEMENT PTE. LTD.
Securities
PARAGON REIT - SG2G02994595 - SK6U
Stapled Security
No

Announcement Details

Announcement Title
Notice of Valuation of Real Assets
Date &Time of Broadcast
05-Aug-2024 22:39:38
Status
New
Announcement Sub Title
Valuation of Paragon, The Clementi Mall, Westfield Marion and Figtree Grove
Announcement Reference
SG240805OTHRA5KA
Submitted By (Co./ Ind. Name)
Huang Jinyang Brent
Designation
Company Secretary
Description (Please provide a detailed description of the event in the box below)
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Additional Details

Valuation Details
Date of Valuation
Name of the Valuer
Description of Property
Valuation Currency
Valuation Amount
30/06/2024Jones Lang LaSalle Property Consultants Pte Ltd290 Orchard Road, Paragon, Singapore 238859 (Tenure: 99 years leasehold interest commencing from 24 July 2013)Singapore Dollar2,825,000,000
30/06/2024Jones Lang LaSalle Property Consultants Pte Ltd3155 Commonwealth Avenue West, The Clementi Mall, Singapore 129588 (Tenure: 99 years leasehold interest commencing from 31 Aug 2010)Singapore Dollar630,000,000
30/06/2024Jones Lang LaSalle Advisory Services Pty LtdWestfield Marion, 297 Diagonal Rd, Oaklands Park, SA, 5046 Australia (Tenure: Freehold). Represents PARAGON REIT's 50% interest in Westfield MarionAustralian Dollar580,000,000
30/06/2024Savills Valuations Pty LtdFigtree Grove, 19 Princes Highway, Figtree, NSW, 2525 (Tenure: Freehold)Australian Dollar183,000,000
Valuation of Reports available for inspection at address during office hours
79 Robinson Road #07-01 CapitaSky Singapore 068897
Reports available till date
05/11/2024
Additional Information
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