Cambridge Industrial Trust

SINGAPORE (March 3): A new substantial unitholder has emerged at Sabana Shari’ah Compliant Real Estate Investment Trust, which could shift the dynamics of a revolt that a group of small investors have waged against the manager of the REIT over the past

SINGAPORE (Jan 26): DBS Group Research has upgraded Cambridge Industrial Trust to a “buy” rating with a higher target price from 54 cents to 60 cents, after the REIT had a change of sponsor to e-Shang Redwood.

SINGAPORE (Jan 25): Cambridge Industrial Trust (CIT) has declared a distribution per unit (DPU) of 1 cent for the fourth quarter ended 31 Dec, 12.6% down from 1.14 cents in 4Q15.

SINGAPORE (Jan 23): Here are some stocks that could move the market this Monday morning: Optus Business, the Australian unit of Singtel, has entered into a five-year contract agreement worth A$75 million ($80.7 million) with Flight Centre Travel Group.

SINGAPORE (Oct 27): Cambridge Industrial Trust (CREIT) posted a 19% drop in 3Q DPU to 0.987 cents from a year ago while net property income fell 8.3% to $19.9 million. Revenue also fell 2.9% to $27.6 million.

SINGAPORE (Oct 27): Cambridge Industrial Trust’s (CREIT) portfolio repositioning for the current downturn is leading DBS to maintain its “hold” call with a target price of 54 cents.

SINGAPORE (Oct 26): Cambridge Industrial Trust (CIT)’s 3Q distribution per unit (DPU) fell 18% to 0.987 cents from 1.2 cents the year before.

SINGAPORE (Sept 22): Despite managers of Cambridge Industrial Trust refinancing the loan facility with National Australia Bank (NAB), the bank is said to be mulling offloading its 56% stake in Cambridge Industrial Trust Management (CITM) according to a re

SINGAPORE (Sept 16): Here are some stocks that could move the market this Friday morning:

SINGAPORE (Sept 15): Cambridge Industrial Trust’s manager said on Thursday that the REIT has entered into a $100 million unsecured loan facility with the Hongkong and Shanghai Banking Corporation.