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.

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