The Business Times

CAPITALAND INDIA TRUST

Companies & Markets

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.
Companies & Markets

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%.
Companies & Markets

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.
Companies & Markets

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.
Companies & Markets

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.
Companies & Markets

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

Clint’s “strong first-half results were underpinned by income contributions from newly completed developments, and supported by positive rental reversions and high occupancy rates”, says Gauri Shankar Nagabhushanam, CEO of the trustee-manager.
Capital Markets & Currencies

CapitaLand India Trust posts higher H1 DPU as NPI rises 10% to S$113.6 million

The distribution per unit of 3.97 Singapore cents is 9% higher than that for the same period in 2024

The perpetual securities are expected to be issued on Jul 2, and listed on the Singapore Exchange on or around Jul 3.
Companies & Markets

CapitaLand India Trust prices S$100 million perpetual securities at 4.4%

DBS, UOB, JP Morgan Securities Asia and Deutsche Bank are the joint lead managers for the issuance

The manager of Clint says the impact of US tariffs on the Indian economy could be beneficial in the medium term.
Companies & Markets

CapitaLand India Trust Q1 total property income up 14% at 4.7 billion rupees

This is due to higher rental income from existing properties and income contributions from the acquisitions it made in 2024, says manager

Gauri Shankar Nagabhushanam, chief executive of Clint's trustee-manager, notes that Bengaluru had record leasing levels for Grade A office space in 2024.
Companies & Markets

CapitaLand India Trust to buy Bengaluru office project for 14.7 billion rupees

It expects to acquire the space in H1 2030, expanding its operational area in the city to 9.9 million sq ft

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