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Cache Logistics Trust Growing presence in Changi

Acquisition of Changi North Warehouse at initial yield of 7.7% Accretive to earnings, gearing to head up to 32.6% BUY, TP raised to S$1.13 Strategic acquisition of Changi North warehouse for S$35.2m. Cache Logistics Trust (Cache) announced the acquisition of a 4-storey ramp-up warehouse in Changi North International LogisPark for S$35.18m (all in cost of ...

 

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