CapitaLand India Trust Sells 20.2% Stake in Data Centers for Rs 702 Crore to CIDCF
DATA AND AI INFRASTRUCTURE
CapitaLand India Trust has sold a 20.2% stake in three under-construction data centers for Rs 702 crore to the CapitaLand India Data Centre Fund (CIDCF). This sale is part of a strategy to monetize asset value early in the development lifecycle, supporting future development pipelines and enhancing financial flexibility. The partial divestment allows CapitaLand India Trust to unlock value while retaining a significant stake in the assets.
Jan 1, 2026, 9:27 AM
