India's Leap Towards Sustainable & Innovative Workspace Design
- Industry News
- March 13, 2024

CapitaLand India Trust (CLINT), a leading commercial real estate investment trust listed on the Singapore Exchange since 2007, completed its first divestment by selling two major IT parks: CyberVale in Chennai and CyberPearl in Hyderabad. This strategic move is part of CLINT’s capital recycling plan to boost its balance sheet and reinvest in higher-yielding commercial properties.
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CapitaLand Investment Limited (CLI), a Singapore-based real asset manager, has signed a Memorandum of Understanding with the Maharashtra Government to invest over INR19,200 crores (S$2.83 billion) in Mumbai and Pune by 2030. This major investment will expand CLI’s reach across business parks, data centres, logistics, and industrial facilities, accelerating the growth of Maharashtra’s key commercial and tech corridors.
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CapitaLand Investment (CLI) secures over SGD 1 billion for its India Growth Fund 2 (CIGF2) with Daibiru Corporation’s SGD 131 million investment. Focused on premium business parks, CIGF2 targets India’s gateway cities. Backed by Mitsubishi Estate, CLI’s asset-light model attracts global tenants and underscores international confidence in India’s commercial real estate market.
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