Cache Logistics Trust (CacheLog)

SINGAPORE (July 25): The manager of Cache Logistics Trust has announced a 6.9% drop in distribution per unit (DPU) to 1.321 cents for the 2Q19 ended June, from 1.419 cents a year ago.

SINGAPORE (June 17): RHB Research is maintaining Cache Logistics Trust at “buy” with a higher target price of $0.83, representing 8% upside with 8% yield.

SINGAPORE (Apr 26): Analysts are mostly remaining neutral on Cache Logistics Trust (CacheLog Trust) following its results announcement , but they will be keeping a watchful eye on the trust should CWT Limited default on its rent.

SINGAPORE (Apr 26): Cache Logistics Trust (CacheLog Trust) has declared a 1Q19 DPU of 1.513 cents, 0.4% higher than the 1Q18 DPU of 1.507 cents.

SINGAPORE (Apr 18): OCBC is downgrading Mapletree Logistics Trust to ‘hold’ given there could be uncertainties over its longer-term outlook in the wake of the news that CWT International had defaulted on its loans.

SINGAPORE (Apr 17): DBS Group Research is not overly worried about the local industrial REITs – AIM APAC REIT (AA REIT), Mapletree Logistics Trust (MLT) and Cache Logistics Trust (CacheLog Trust) – that have exposure to Hong Kong-listed CWT Internatio

SINGAPORE (Jan 3): Sembcorp Industries has signed an agreement to install and operate rooftop solar farms at three logistics warehouses in Singapore owned by Cache Logistics Trust.

SINGAPORE (May 21): Phillip Securities Research is keeping the industrial S-REITs at “equal weight" unless it sees a broad based improvement in occupancy in the sub-sector.

SINGAPORE (Feb 2): Maybank Kim Eng is upgrading Cache Logistics Trust to "buy" with a 95-cent target price given its proposed acquisition of a portfolio of properties in Australia for $177.6 million ($188.3 million).