You are here

Cache Logistics Trust Q1 DPU up 0.3%; revenue rises 1.6%

Reit to continue to focus on maximising occupancy, seek acquisitions in S'pore, Asia-Pac

DANIEL02.jpg
Daniel Cerf, CEO of the manager, said gave the Reit "income growth and geographical diversification, as well as . . . freehold assets and a long WALE (weighted average lease expiry)".

Singapore

CACHE Logistics Trust on Wednesday reported a 0.3 per cent increase in distribution per unit (DPU) to 2.146 Singapore cents for its first quarter ended March 31, 2015. Gross revenue rose 1.6 per cent to S$21 million, while net property income rose 0.6 per cent to S$19.7 million