Proposed Forward Purchase of a 1.0 Million Sq Ft IT Park at Outer Ring Road, Bangalore

News about CapitaLand India Trust
CapitaLand India Trust Management Pte. Ltd., the Trustee-Manager of CapitaLand India Trust (“CLINT”), is pleased to announce that it has entered into a forward purchase agreement to acquire a 1.0 million sq ft IT Park located at Outer Ring Road, Bangalore, India (the “Transaction”). CLINT will provide funding for the development of the project as part of the forward purchase arrangement.
...read more on investor.clint.com.sg
CapitaLand India Trust
Price1.280 SGD
NAV97.380 INR
Yield (4 quarters)6.15%
Gearing37.6%