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Lower capital distribution, bigger unit base dent Cache Logistics Trust's Q4 DPU

Published Mon, Jan 23, 2017 · 09:50 PM
Cache Logistics Trust

Singapore

SINGAPORE-listed real estate investment trust (Reit) Cache Logistics Trust's fourth quarter distribution per unit (DPU) shrank 10.8 per cent year-on-year to 1.85 Singapore cents, due to a lower capital distribution and an enlarged unit base compared to the year-ago period.

In the same period in 2015, sales proceeds from the disposal of Kim Heng warehouse lifted capital distribution.

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