Cache Logistics Trust's NPI dips 3.3% to $21.34m in Q3

Gross revenue fell after Cache Changi Districentre 3 was sold.

Cache Logistics Trust's (CACHE) net property income (NPI) dipped 3.3% YoY from $22.07m to $21.34m in Q3.

According to its financial statement, distributable income fell by 0.8% YoY from $16.58m to $16.45m. The distribution per unit (DPU) slipped by 12.8% YoY from 1.77 cents to 1.54 cents due to rights issues.

Gross revenue fell after Cache Changi Districentre 3 was sold. There was also lower income from 51 Alps Avenue, which is the subject of legal proceedings.

This was partially offset by higher revenue from DHL Supply Chain Advanced Regional Centre (DSC ARC), Cache Cold Centre and the Australian portfolio.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia