Singapore Stock Market News

Cambridge Industrial Trust - Brewing Headwinds

StockFanatic
Publish date: Fri, 23 Oct 2015, 11:37 AM
StockFanatic
0 10,453
Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.

Property conversions to cause headwinds to occupancy rates
Property conversions (from single-tenanted properties to multi-tenanted ones when the leases expire over FY15-16F account for c.18.6% of revenues. This may mean downside to top line in the near term, given the expected loss of property efficiency and higher vacancy rates when these conversions take place. As such, we forecast CREIT to deliver c.1% CAGR in DPU over FY15-17F.
Read more »
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment