Cache Logistics Trust (SGX: K2LU) is an industrial REIT listed on the Singapore Exchange with a market capitalization of S$794 Million. Cache Logistics Trust is sponsored by CWT Limited (SGX:C14), the current largest private logistic provider in Singapore.
With that, here are 7 things you need to know about Cache Logistics Trust.
Stock Information
TICKER SYMBOL: SGX: C2PU
MARKET CAP: S$790.00million
INDUSTRY: Real Estate Investment Trust
The Business
The REIT now owns a total of 19 industrial properties – 11 in Singapore, 1 in China and 7 in Australia
February 2015 was when Cache Logistics Trust’s love affair with Australian industrial properties started. The REIT purchased three properties for A$70 Million in Australia. Since then the REIT has acquired another three properties in Australia, bringing the total number of industrial properties the REIT owns to six. And it bought its seventh property just recently, earlier this year.
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