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Cambridge Industrial's Q2 DPU down 2.1%

Trust manager cites higher property expenses and borrowings costs, and increase in units in issue
Friday, July 24, 2015 - 05:50

Singapore

CAMBRIDGE Industrial Trust's distribution per unit (DPU) for the second quarter fell 2.1 per cent to 1.225 Singapore cents.

This was despite distributable income expanding 0.5 per cent to S$15.8 million in the three months ended June 30, 2015.

Gross revenue climbed

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