Cambridge Industrial Trust's net property income up 10% to $21.6m in Q2
On back of higher occupancy.
Cambridge Industrial Trust reported that its net property income grew 10% year-on-year to $21.6m in the second quarter.
The increase was achieved on back of higher portfolio occupancy. The group's occupancy increased from 95% to 95.5%.
Distribution per unit declined 2.1% to 1.225 cents.