The revenue decline from these segments was however partially offset by higher rental contribution from DSC ARC and the Australian properties.
SINGAPORE (July 21): The manager of Cache Logistics Trust has declared a distribution per unit (DPU) of 1.800 cent for second quarter ended March, down 9.5% from its DPU of 1.989 cents in the same quarter a year ago on higher property-related expenses.
Revenue for the quarter fell marginally by 0.7% to $27.9 million from $28.1 million a year ago, mainly due to the divestment of Cache Changi Districentre 3 and lower income received under protest for 51 Alps Ave.
