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CapitaLand India Trust signs lease with hyper-scaler to strengthen data centre portfolio

Wednesday, 15 Jan 2025
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CapitaLand India Trust (CLINT) has signed a long-term agreement with a leading global hyperscaler for one of its data centres under development, highlighting its strategic diversification into critical infrastructure.

With this deal, CLINT is expected to pre-lease approx. half of its total gross power capacity, amounting to around 250 MW. This expansion underscores CLINT’s commitment to enhancing its portfolio in India.

CapitaLand Investment operates a global portfolio of 27 data centres with over 800 MW in gross power capacity. India stands as a key market for CapitaLand Investment, with significant growth potential across various asset classes, particularly in data centres.

Chief Executive Officer of CapitaLand India Trust Management, Gauri Shankar Nagabhushanam, added, “We are on track to complete the development of our data centres in India, accelerate leasing momentum, and unlock value through divestments of partial stakes to strategic investors.”

 

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