HSBC Institutional Trust Services

Property

Ascendas REIT to divest 10 Woodlands Link for $19.3 mil

SINGAPORE (May 31): The manager and trustee of Ascendas REIT (A-REIT) have entered into a sale and purchase agreement with Sengkang Import & Export for the sale of 10 Woodlands Link for $19.28 million.

Results

Cache Logistics Trust’s 4Q DPU declines 10.8% to 1.85 cents on lease dispute

SINGAPORE (Jan 23): The trustee-manager of Cache Logistics Trust has declared a distribution per unit (DPU) of 1.85 cents 4Q16, 10.8% lower than its DPU of 2.07 cents a year ago.
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