Singapore, 31 December 2025 – CapitaLand India Trust has entered into definitive agreements for the divestment of 20.2% stakes in three data centre assets under development to CapitaLand India Data Centre Fund (CIDCF) for an estimated total purchase consideration of INR 7.02 billion (S$99.73 million).
The total purchase consideration of the three data centres is based on 20.2% of the total enterprise value of INR 51.97 billion (S$738.2 million) as of 31 December 2025 which will be adjusted for liabilities, working capital, capital expenditure, and is subject to post-completion adjustments. The enterprise value, negotiated on a willing-buyer and willing-seller basis, is at a premium to the independent valuation of INR 45.70 billion (S$649 million) as at 31 December 2025.
The three data centres are:
| Data Centre Asset | Status | Location | Power Capacity (IT / Gross) |
|---|---|---|---|
| CapitaLand DC Mumbai Tower 1 and Tower 2 | Tower 1: Completed
Tower 2: Under development |
Airoli, Navi Mumbai | Tower 1: 34 / 50 MW
Tower 2: 37 / 55 MW |
| CapitaLand DC Chennai | Under development | Ambattur, Chennai | 34 / 53 MW |
| CapitaLand DC Hyderabad | Under development | Madhapur, Hyderabad | 27 / 42 MW |
In September 2025, CLINT had divested CyberVale in Chennai and CyberPearl in Hyderabad, the Trust’s first divestment since its listing in 2007. The divestment of the partial stake in CLINT’s data centre portfolio further reinforces the Trust’s commitment to unlock value by monetising and realising the value of its developments to strengthen its balance sheet.
Mr Gauri Shankar Nagabhushanam, Chief Executive Officer of CapitaLand India Trust Management Pte. Ltd. (the Trustee-Manager of CLINT), said: “The partial divestment reflects continued execution of our portfolio reconstitution strategy. 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.”
“We are pleased to be partnering with CIDCF and remain invested in the future growth of India’s data centre sector through our remaining stake in the portfolio. The partnership with CIDCF also provides CLINT the right to participate in a partial stake in future data centre developments by our sponsor and potentially buy back the assets or explore exit options such as an initial public offering of the assets. Post-transaction, CLINT remains well-positioned to pursue accretive and higher yielding investment growth opportunities in key India cities to create value for our Unitholders.”
