FULL OCCUPANCY
Analysts also noted that Paragon is currently operating at full committed occupancy across both segments.
This reflects sustained tenant demand and the mall’s ability to attract and retain a strong mix of occupiers across different uses, said Mr Sandrasegeran.
“The retail component benefits from a curated mix of international brands and lifestyle offerings, while the medical and office segment is supported by more stable, needs-based demand. Together, this diversified tenant base helps to smooth income volatility across market cycles,” he added.
As an asset, Paragon offers a high degree of income visibility, supported by consistent rental streams and limited vacancy risk, he said, noting that this stability is particularly attractive to investors.
