Paragon REIT engages in investing directly or indirectly in a portfolio of income-producing real estate which is used primarily for retail purposes in Asia Pacific, as well as real estate-related assets. It operates through the following segments: Paragon, The Clementi Mall, The Rail Mall, Figtree Grove, and Westfield Marion. The Paragon segment focuses on retail mall and medical suite, or office property located in the heart of Orchard Road, Singapore’s shopping and tourist precinct. The Clementi Mall segment is involved in mid-market suburban mall located in the center of Clementi town, an established residential estate in the west of Singapore. The Rail Mall segment offers a retail strip with a 360-meter prominent road frontage to Upper Bukit Timah Road. The Figtree Grove segment provides sub-regional shopping center in Wollongong, New South Wales Australia. It also operates through the Singapore and Australia geographical segments. The company was founded on July 9, 2013 and is headquartered in Singapore.
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