Wednesday, June 8, 2011

Cambridge Ind Trust

Cambridge Ind Trust: RBS maintains Buy, with TP $0.58. Note that REIT currently focussing on finalising its previously announced acquisitions, which should be completed over the next few mths. It is also continuing to assess overseas opportunities…..

House like REIT for its' stable income stream and high yields (8.8% and 9.5% in FY11 and 12 respectively) vs the industrial REIT average of 7.2% and 7.5% over the same period.

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