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Cache Logistics Trust posts 13.7% fall in DPU of 1.847 cents on absence of capital distribution and lower income

Michelle Zhu
Michelle Zhu10/21/2016 06:18 PM GMT+08  • 2 min read
Cache Logistics Trust posts 13.7% fall in DPU of 1.847 cents on absence of capital distribution and lower income
SINGAPORE (Oct 21): ARA-CWT Trust Management (Cache), the manager of Cache Logistics Trust (CLT), has announced a 3Q DPU of 1.847 cents, 13.7% down from 2.14 cents a year ago.
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SINGAPORE (Oct 21): ARA-CWT Trust Management (Cache), the manager of Cache Logistics Trust (CLT), has announced a 3Q DPU of 1.847 cents, 13.7% down from 2.14 cents a year ago.

This was largely due to an enlarged unit base and a lower income available for distribution, which fell 1.3% y-o-y to $16.6 million as there was no capital distribution for the quarter compared to 3Q15.

Excluding the 3Q15 distribution, the REIT’s DPU would have fallen by 5.2% this quarter.

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