The lower quarterly DPU was mainly attributable to lower income from operations and an enlarged number of units in issue due to the recently-completed $102.7 million rights issue, says the manager in the results filing for CacheLog on Tuesday.
SINGAPORE (Oct 24): The manager of Cache Logistics Trust has declared a distribution per unit (DPU) of 1.541 cents for the 3Q17 ended Sept, down by 12.8% from 1.767 cents in the same period a year ago.
Excluding the effect of the rights Issue, DPU was marginally lower at 1.818 cents compared to the same period in 2016.
