Cambridge Industrial Trust's completed acquisitions hit %73m

It'll offset its profit loss.

According to DBS, the completed acquisitions and AEIs will contribute positively as more development and enhancement opportunities are likely to come.

CREIT’s completed acquisitions totaling S$73m in 1Q13 (three properties) which is likely to more than offset the loss of income from SLA’s compulsory acquisition of 30 Tuas Road and 1 Tuas Ave 3.

Here's more from DBS:

In addition, the completion of various asset enhancement initiatives and development projects over the course of 2013 will mean incremental growth in revenues and distribution in the medium term.

In addition, we see further divestment opportunities in the coming year as the manager looks to keep its portfolio contemporary and relevant.