Company Briefs

Cache in deal with DHL to develop warehouse

CACHE Logistics Trust has entered into an agreement with DHL Supply Chain Singapore to develop and lease a build-to-suit warehouse in Tampines LogisPark at an estimated total development cost of $105.1 million. The development will comprise two blocks with a total net lettable area (NLA) of around 928,100 sq ft, said the real estate investment trust's manager, ARA-CWT Trust Management (Cache) yesterday. The Reit will fund the development…