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Cambridge trust's Q1 DPU rises to 1.251¢

Gain achieved amid drop in turnover, net property income

CAMBRIDGE Industrial Trust (CIT) has posted a distribution per unit of 1.251 cents for its first quarter ended March 31, 2014, a 1.4 per cent increase from 1.234 cents a year ago.

This came on the back of a 3.3 per cent increase in distributable income to $15.6 million for the quarter....

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