Income available for distribution rose by 2.5% to $17.1 million during the quarter.
SINGAPORE (Jan 19): Analysts point to signs of stabilisation at Cache Logistics Trust, despite a 9.8% drop in its distribution per unit (DPU) to 1.597 cents for the 4Q17 ended December.
The lower DPU was mainly attributed to an enlarged units base after completing a rights issue in Oct 2017. Excluding the effects of the rights issue, Cache’s 4Q DPU would have fallen by a smaller 1.1%.
