Cache Logistics Trust divests its Jinshan Chemical Warehouse in Shanghai. Acquired in June 2011 for RMB 71 million, the property will be sold at RMB 87 million or a 22.5% premium over its acquisition price. This is also more than the last valuation of RMB 77.3 million done on August 15th.
Cache Sells Shanghai Warehouse
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Cache Logistics Trust
|Yield (4 quarters)||8.02%|