The unitholders of Paragon REIT have voted in favor of the privatization offer:

During the scheme meeting on Tuesday (Apr 22), 1,000 unitholders or around 82.8 per cent of those present and voting, agreed to the privatisation offer. This represented about 97.6 per cent of units, well above the 50 per cent required of total voting minority shareholders, as well as the required 75 per cent in value of units.