SUBSCRIBERS

Brokers' take

Published Wed, Mar 9, 2016 · 09:50 PM

Cache Logistics Trust | Reduce

March 9 close: S$0.845

Target price: S$0.78

Phillip Securities Research, March 9

CACHE has two master leases expiring in 2016; distribution per unit (DPU) could be further eroded. The two master leases are at Schenker Megahub (expiring Aug 31, 2016) and Hi-Speed Logistics Centre (expiring Oct 15, 2016). This comes at an inopportune time when demand is we…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes