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Cambridge trust's Q1 DPU slips 2.1%; annualised yield of 7%
Published Wed, Apr 22, 2015 · 09:50 PM
Singapore
CAMBRIDGE Industrial Trust (CIT) reported a 2.1 per cent year-on-year slip in distribution per unit (DPU) to 1.225 Singapore cents for the first quarter ended March 31. This translates to a 7 per cent annualised yield based on CIT's closing price at the end of the quarter.
Net property income (NPI) rose 11.9 per cent from a year ago to S$21.2 …
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