CapitaLand India Trust (CLINT)'s principal objective is to own income-producing real estate used primarily as business space in India. The Trust may also develop and acquire land or uncompleted developments primarily to be used as business space, with the objective of holding the properties upon completion. It is focused on capitalising on the fast-growing IT industry and logistics/industrial asset classes in India, as well as proactively diversifying into other new economy asset class such as data centres.
As at 30 June 2022, CapitaLand India Trust’s assets under management stand at S$2.5 billion. Its portfolio includes 8 world-class IT business parks, one logistics park, one industrial facility and one data centre development in India, with total completed floor area of 15.5 million square feet spread across Bangalore, Chennai, Hyderabad, Pune and Mumbai.
CapitaLand India Trust is structured as a business trust, offering stable income distributions similar to a real estate investment trust. It is managed by CapitaLand India Trust Management Pte. Ltd. – a wholly owned subsidiary of CapitaLand Investment (SGX:9CI).
Formerly known as Ascendas India Trust (a-iTrust), the Trust changed its name to CapitaLand India Trust w.e.f. 30 September 2022.
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