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Cambridge trust optimistic about new sponsor

Acting CEO hopes to leverage e-Shang Redwood's experience in logistics; trust's DPU fell 12.9% for FY16

Singapore

WARBURG Pincus unit e-Shang Redwood will be a good sponsor for Cambridge Industrial Trust (CIT), given its vast experience and contacts in the logistics and e-commerce sector, acting CEO of the trust manager Shane Hagan told reporters in an earnings call on Wednesday.

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