Cambridge Industrial Trust announces its results for 4QFY15 on 14th January 2016. DPU fell 9% to 1.139 cents as compared to 1.252 cents the same period last year. This brought the full year DPU for year 2015 to 4.793 cents which is a fall of 4.2% as compared to 5.004 cents in year 2014.
Enough of the bad news, there are some good points about Cambridge Industrial Trust. Cambridge Industrial Trust achieves positive rental reversion of 9.1%. It also have a well-staggered debt maturity profile with 97.4% of interest rates fixed for the next 3 years and thus further Fed rate hikes will have minimal impact on Cambridge Industrial Trust. Read More