CAPITALAND INDIA TRUST

Clint closes private placement of 124.2 million new units at S$1.208 per unit

It will use the S$150 million raised to partially fund two buildings in Bengaluru, India

To ensure fairness to existing unitholders, the manager intends to declare an estimated "advanced distribution" of S$0.0144 per unit.

CapitaLand India Trust launches S$150 million private placement to fund two office building projects

The issue price will be between S$1.208 and S$1.237 per new unit – a discount of 2.6 to 4.9%

“We will continue to onshore more debt and optimise our capital structure,” CapitaLand India Trust Management CEO Gauri Shankar Nagabhushanam said.

CapitaLand India plans 50 billion rupees debt sale to trim FX costs

The shift marks a pivot for the Singapore-listed trust as higher rates and currency swings reshape funding

Clint's total property income is up 2% year on year at S$145.1 million, from S$141.8 million for H2 FY2024.

CapitaLand India Trust H2 DPU rises 22% to S$0.039

Net property income is 9% higher at S$111.3 million

Clint has pre-leased 53% of the total gross power capacity across its three data centres under development in India.

CapitaLand India Trust wins second hyperscaler agreement for data-centre development

The facility has a gross power capacity of 55 MW and is set to be completed by Q4 2026

CapitaLand DC Mumbai in Navi Mumbai. The three data centre assets will have artificial intelligence capabilties and sustainable design features to meet the demands of hyperscalers and large enterprises in the region, CapitaLand Investment says.

CapitaLand India Trust to divest 20.2% stakes in three data centre assets for 7 billion rupees

The assets will be acquired by CapitaLand Investment’s development-focused data centre fund, which completed its first close with S$150 million in equity

Occupancy in Clint's portfolio, which includes the Navi Mumbai data centre, (above) stands at around 91%.

CapitaLand India Trust Q3 total property income up 18% at 5.1 billion rupees

This is due to higher rental income from existing properties and income contributions from acquisitions and completed developments, says manager

CyberVale in Mahindra World City, Chennai, is one of two assets that form Cyber Pearl Information Technology Park.

CapitaLand India Trust unit to divest two assets in Chennai, Hyderabad for 11 billion rupees

[SINGAPORE] The trustee-manager of CapitaLand India Trust (Clint) on Thursday (Sep 25) said that its wholly owned subsidiary, Ascendas Property Fund (India), will sell its entire interest in Cyber Pea...

CyberVale in Mahindra World City, Chennai, is one of two assets that form CyberPearl Information Technology Park.

CapitaLand India Trust unit to divest two assets in Chennai, Hyderabad for 11 billion rupees

The total enterprise value of the sale is about 3 per cent higher than the aggregate of the independent valuations

Gauri Shankar Nagabhushanam, chief executive of Clint's manager, says the trust is paying close attention to the development of artificial intelligence, which would determine how its portfolio shapes up.

CapitaLand India Trust looks to new markets as it pursues higher yields

Its manager aims to divest one-third of its data centre portfolio by Q4 2025 to a new fund by its sponsor