SINGAPORE (July 31): The manager of Cache Logistics Trust (CLT) has reported a 2Q18 DPU of 1.419 cents, down 17.6% on-year from 1.722 cents a year ago on higher property expenses.

Revenue grew 7.7% y-o-y to $30 million with the full-quarterly contribution from the trust’s recently-acquired, nine-property Australian portfolio, as well as higher contributions from 51 Alps Ave and its rental top-up.

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