Cache Logistics Trust's Q3 DPU down 4.3% to 1.475 cts

Singapore

CACHE Logistics Trust reported a 4.3 per cent drop in distribution per unit (DPU) to 1.475 Singapore cents for its fiscal third quarter.

The drop was attributed to lower capital distribution compared with the same period last year. The real estate investment trust (Reit) also retained about S$0.2 million (net of relevant expenses) with respect to a tax matter relating to its property at 51 Alps Ave in Changi. Income available for distribution fell 3.6 per cent to S$15.86 million.