CapitaLand India Trust (CLINT) has sold 20.2% stakes in three under-construction data centre assets to the CapitaLand India Data Centre Fund (CIDCF) for ₹702 crore, as part of its strategy to monetise asset value and strengthen financial flexibility.
In a statement issued on Wednesday, CLINT said it has entered into definitive agreements for the partial divestment, which represents 20.2% of the total enterprise value of the three data centres. The valuation is based on a combined enterprise value of ₹5,197 crore as of December 31, 2025, and will be adjusted for liabilities, working capital, capital expenditure, and post-completion true-ups.
The transaction allows CLINT to unlock value early in the development cycle while retaining a significant ownership interest in the assets. Commenting on the deal, Gauri Shankar Nagabhushanam, Chief Executive Officer of CapitaLand India Trust Management Pte. Ltd., said the divestment reflects the continued execution of CLINT’s portfolio reconstitution strategy and supports its ongoing development pipeline.
CLINT was listed on the Singapore Exchange (SGX-ST) in August 2007. Its India-focused portfolio includes eight IT business parks, three industrial facilities, one logistics park, and four data centre developments, with a total completed floor area of 21.7 million square feet across Bengaluru, Chennai, Hyderabad, Pune, and Mumbai.
The deal underscores growing investor interest in India’s rapidly expanding data centre sector.
See What’s Next in Tech With the Fast Forward Newsletter
Tweets From @varindiamag
Nothing to see here - yet
When they Tweet, their Tweets will show up here.
