Capitaland India Trust signs MOU to develop data centre in Hyderabad for $210 mil

News about CapitaLand India Trust
The data centre will serve hyperscale players and large enterprises in the region.

The manager of Capitaland India Trust (CLINT) has signed a memorandum of understanding (MoU) with the state government of Telangana in India to develop a data centre at CLINT’s International Tech Park Hyderabad (ITPH), located at Madhapur in Hyderabad.
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CapitaLand India Trust
Price1.050 SGD
NAV92.930 INR
Yield (4 quarters)7.52%
Gearing35.9%