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Property • CapitaLand Trust acquiring Paragon for $3.9b
The Straits Times
|April 21, 2026
CapitaLand Integrated Commercial Trust (CICT) is moving into the prime Orchard Road space by acquiring Paragon, a freehold retail and medical complex, from Cuscaden Peak for about $3.9 billion.
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The acquisition will increase CICT’s presence in Singapore’s downtown shopping belt and also
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