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
News about Cache Logistics Trust —