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Cache Logistics Trust (CLT)
Broker's Calls
Cache Logistics Trust upgraded in anticipation of industrial sector recovery
SINGAPORE (Aug 1): OCBC Investment Research is upgrading its call on Cache Logistics Trust (CLT) to “buy” from “hold” with a lower fair value of 81 cents compared to 83 cents previously, after adjusting for higher cost of equity to factor in a ris
August 01, 2018
Broker's Calls
Cache Logistics Trust to gain from ARA buyout, but near-term DPU growth remains limited: CGS-CIMB
SINGAPORE (June 26): CGS-CIMB Securities is maintaining its “hold” call on Cache Logistics Trust (CLT) with an unchanged target price of 80 cents.
June 26, 2018
Results
Cache Logistics Trust DPU falls 9.5% to 1.8 cent
SINGAPORE (July 21): The manager of Cache Logistics Trust has declared a distribution per unit (DPU) of 1.800 cent for second quarter ended March, down 9.5% from its DPU of 1.989 cents in the same quarter a year ago on higher property-related expenses.
July 21, 2017
In print this week
Are fees paid to REIT managers really the problem?
SINGAPORE (April 13): The extraordinary general meeting requisitioned by 66 disgruntled unitholders of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) that has been scheduled for April 28 could see a lively debate about t
April 13, 2017
M&A
Cache Logistics acquires Melbourne warehouse for $24.3 mil
SINGAPORE (Feb 23): Cache Logistics Trust (CLT) announced on Wednesday it is in the process of acquiring a single-storey warehouse with ancillary office space in the suburb of Melbourne, Australia for A$22.25 million ($24.27 million).
February 23, 2017