CapitaLand India Trust divests 20% stake in 3 data centres for ₹702 cr
In September 2025, CLINT had divested CyberVale in Chennai and CyberPearl in Hyderabad, the Trust’s first divestment since its listing in 2007.
CapitaLand India Trust (CLINT) has divested a 20.2 per cent stake in three data centre assets under development to CapitaLand India Data Centre Fund (CIDCF) for a total purchase consideration of ₹702 crore (S$99.73 million).
The transaction involves data centres in Navi Mumbai, Hyderabad and Chennai. CLINT has signed definitive agreements for the divestment and will retain a significant stake in the assets. CLINT had undertaken similar divestments in the past also.
In September 2025, CLINT had divested CyberVale in Chennai and CyberPearl in Hyderabad, the Trust’s first divestment since its listing in 2007.
The enterprise value has been negotiated on a willing-buyer and willing-seller basis. Additionally, CIDCF will have a right of first offer on acquiring an interest in CLINT’s fourth data centre in Bangalore, CapitaLand DC Bangalore.
CLI raises S$150 million in equity
Additionally, CapitaLand Investment Limited (CLI), a global real asset manager, has successfully raised approximately S$150 million in equity at the first close of CIDCF.
The fund, which focuses on data centre development opportunities within India’s key data centre corridors, is anchored by a third-party global institutional investor with a general partner commitment from CLI. CIDCF is targeting a final close of approximately S$300 million.
“The partial divestment reflects continued execution of our portfolio reconstitution strategy,” said Gauri Shankar Nagabhushanam, Chief Executive Officer of CapitaLand India Trust Management Pte Ltd, the Trustee-Manager of CLINT. “By unlocking value earlier in the development cycle, while retaining a significant stake in the assets, we are able to support our development pipeline and enhance financial flexibility.”
CLINT’s portfolio includes eight world-class IT business parks, three industrial facilities, one logistics park, and four data centre developments in India, with a total completed floor area of 21.7 million square feet spread across Bangalore, Chennai, Hyderabad, Pune and Mumbai.
Published on December 31, 2025
