It is no secret that I like industrial S-REITs as passive income generators. I am also vested in Cache Logistics Trust although my long position here is quite a bit smaller compared to my investments in Sabana REIT and AIMS AMP Capital Industrial REIT.
DPU for the quarter came in at 2.086 S cents and represented a 6.9% YoY increase.
Income distribution is payable 30th of May 2012.
CACHE’s portfolio properties remained 100% occupied.
The weighted average lease expiry (WALE) stood at 4.4 years.
Aggregate leverage improved from 29.6% as at 31 Dec 2011 to 27.7%. This gives the REIT an …