Schenker

SINGAPORE (June 26): CGS-CIMB Securities is maintaining its “hold” call on Cache Logistics Trust (CLT) with an unchanged target price of 80 cents.

SINGAPORE (Oct 31): The trustee manager of Cache Logistics Trust and tenant Schenker has agreed to an amicable resolution of the dispute in relation to the property at 51 Alps Avenue, otherwise known as Schenker Megahub.

SINGAPORE (July 24): RHB, Religare and OCBC have issued reports with differing views on Cache Logistics Trust after its manager last Friday reported a 9.5% fall in 2Q distribution per unit (DPU) to 1.8 cent, which is in line with all three research houses

SINGAPORE (Jan 25): DBS is maintaining its “hold” call on Cache Logistics Trust (CLT) due to uncertainty of the outcome regarding its dispute with DB Schenker Megahub; the potential of revaluation loss; as well as the possibility of equity fund raisin

SINGAPORE (Nov 16): GLP, the owner-operator of modern logistics facilities, announced that it has signed 204,000 sqm of leases with DHL, Hitachi Transport System, Schenker and AGV Logística.

SINGAPORE (Sept 28): DBS Group Research is downgrading Cache Logistics Trust to “hold” with an unchanged target price of 93 cents, after the trust accepted a holding agreement with Schenker Holdings over the lease of the property at 51 Alps Avenue or