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Cambridge Industrial Trust rated hold

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Phillip Securities Research in a Jan 29 research report says: “CIT recorded full year revenue of $74.4 million (+3.0% y-o-y), net property income of $65.1 million (+3.7% y-o-y) and distributable income of $44.2 million (-7.7% y-o-y). Full year DPU was 5.36 cents (-10.9% y-o-y).

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