CapitaLand India Trust Company Description
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.
Its principal objective is to own income-producing real estate used primarily as business space in India.
CLINT may also develop and acquire land or uncompleted developments primarily to be used as business space, with the objective of holding the properties upon completion.
As at 31 December 2023, CLINT's assets under management stand at S$3.0 billion. CLINT's portfolio includes nine world-class IT business parks, one logistics park, three industrial facilities and four data centre developments in India, with total completed floor area of 19.6 million square feet spread across Bangalore, Chennai, Hyderabad, Pune and Mumbai.
CLINT is focused on capitalising on the fast-growing IT industry and logistics/industrial asset classes in India, as well as proactively diversifying into other new economy asset class such as data centres.
CLINT is structured as a business trust, offering stable income distributions similar to a real estate investment trust.
CLINT focuses on enhancing shareholder value by actively managing existing properties, developing vacant land in its portfolio, and acquiring new properties.
CLINT is managed by CapitaLand India Trust Management Pte. Ltd., formerly known as Ascendas Property Fund Trustee Pte. Ltd..
The trustee-manager is a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real estate investment manager with a strong Asia foothold.
Country | Singapore |
Founded | 2004 |
Industry | Real Estate Services |
Sector | Real Estate |
CEO | Gauri Shankar Nagabhushanam |
Contact Details
Address: 168 Robinson Road Singapore, 068912 Singapore | |
Phone | 65 6713 2888 |
Website | clint.com.sg |
Stock Details
Ticker Symbol | CY6U |
Exchange | Singapore Exchange |
Fiscal Year | January - December |
Reporting Currency | SGD |
ISIN Number | SG1V35936920 |
SIC Code | 6512 |
Key Executives
Name | Position |
---|---|
Gauri Shankar Nagabhushanam | Chief Executive Officer |
Ying Soon Cheah | Chief Financial Officer |