SUBSCRIBERS
Cambridge Industrial's Q2 DPU down 2.1%
Trust manager cites higher property expenses and borrowings costs, and increase in units in issue
Published Thu, Jul 23, 2015 · 09:50 PM
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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UBS weighs synthetic risk transfer amid capital boost proposals
Oil settles higher on supply concerns in the Mid-East, economic woes subdue gains
S-Reits falter as investors weigh possibility of zero rate cuts in 2024
CapitaLand Investment posts total revenue of S$650 million for Q1
Europe: Stoxx 600 logs best day in three months as banks shine
US: Stocks rally after strong tech results