Cache Logistics Trust

SINGAPORE (Dec 19): Cache Logistics Trust is divesting Cache Changi Districentre 3 to Agility International Logistics for $25.5 million.

SINGAPORE (Nov 16): Dark clouds are gathering for Singapore real estate investments trusts (REITs). And a storm could hit as early as December.

SINGAPORE (Oct 26): UOB Kay Hian is keeping its “overweight” rating on REITs following quarterly results announcements by CapitaLand Mall Trust (CMT), Frasers Centrepoint Trust (FCT), and Cache Logistics Trust.

SINGAPORE (Oct 24): CIMB is maintaining its “reduce” call on Cache Logistics Trust (CLT) with a target price of 80 cents as the latter announces a DPU of 1.947 cents, down 14% on year.

SINGAPORE (Oct 21): ARA-CWT Trust Management (Cache), the manager of Cache Logistics Trust (CLT), has announced a 3Q DPU of 1.847 cents, 13.7% down from 2.14 cents a year ago.

SINGAPORE (Sept 28): DBS Group Research is downgrading Cache Logistics Trust to “hold” with an unchanged target price of 93 cents, after the trust accepted a holding agreement with Schenker Holdings over the lease of the property at 51 Alps Avenue or

SINGAPORE (July 21): DBS Vickers Securities is keeping its “buy” recommendation on Cache Logistics Trust with an unchanged target price of 93 cents, after Cache on Wednesday posted a 7.1% drop in its 2Q DPU to 1.989 cents.

SINGAPORE (July 21): Maybank Kim Eng maintains its “buy” recommendation for Cache Logistics Trust with an unchanged target price of 94 cents, despite the ongoing rent disputes at its Schenker Megahub.

SINGAPORE (July 21): Religare Institutional Research has maintained a buy recommendation for Cache Logistics Trust, after it posted a 30.3% revenue growth to $28.1 million, and distribution per unit of 1.99 cents for 2QFY2016 to June.

SINGAPORE (July 20): Cache Logistics Trust posted a 7.1% decline in distribution per unit (DPU) of 1.989 cents for the 2Q16 ended June compared to 2.14 cents in the same period of last year.