Cache Logistics Trust announced a good set of results.
Its recent acquisitions pushed distributable income upwards by some 9.2% while DPU increased to 2.1c. Annualised, distribution yield is 8.48% with unit price at 99c.
Net gearing: 29.6%.
NAV per unit: 91c.
Interest cover ratio: 8.0x
The CEO, Daniel Cerf, said that although new supply in warehouse space could come on board in late 2012
