Thursday, April 19, 2012

Cambridge REIT

Cambridge REIT: DPU of 1.2c declared, annualized yield of 8.8%. 1Q Rev at $20.9m +8.2% yoy with net income at $11.9m +29.9% yoy. Distributable amount at $13.9m +17.1% yoy. Co also updates that it is still pending formal notification from authorities on 3 of its properties affected by the compulsory land acquisition and will make an announcement on the value of compensation awarded when it is known.

No comments:

Post a Comment