About CapitaLand India Trust (CLINT)
CapitaLand India Trust (CLINT) was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in August 2007 as the first Indian property trust in Asia.
Investment Objectives
CLINT's principal objective is to own income-producing real estate used primarily as business space in India. It may also develop and acquire land or uncompleted developments primarily for business space, holding these properties upon completion.
Portfolio Overview
As of 31 December 2023, CLINT's assets under management stand at S$3.0 billion. Its diversified portfolio includes:
- 9 world-class IT business parks
- 1 logistics park
- 3 industrial facilities
- 4 data centre developments
The total completed floor area spans 19.6 million square feet across key Indian cities such as Bangalore, Chennai, Hyderabad, Pune, and Mumbai.
Growth Strategy
CLINT capitalizes on India's fast-growing sectors, including:
- IT industry
- Logistics and industrial assets
- New economy assets like data centres
Trust Structure & Management
CLINT is structured as a business trust, providing stable income distributions similar to a REIT. It is managed by CapitaLand India Trust Management Pte. Ltd., a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager.
Value Creation
CLINT enhances shareholder value through:
- Active property management
- Development of vacant land
- Strategic acquisitions