Corporate digest

Cache Logistics Trust

LOWER revenue and higher property-related expenses led to warehouse owner Cache Logistics Trust reporting a distribution per unit (DPU) of 1.8 Singapore cents for the second quarter ended June 30, 2017, down 9.5 per cent from 1.989 cents a year ago.

This gives an annualised yield of 7.7 per cent based on its last traded price of S$0.94.