CapitaLand India Trust acquires pair of Chennai assets for $28.8 million

News about CapitaLand India Trust
CapitaLand India Trust (Clint) has acquired two industrial facilities in Mahindra World City, Chennai, for 1.8 billion rupees (S$28.8 million) – below their total open market value of 1.9 billion rupees as at Nov 30.

Clint’s trustee manager said on Dec 19 that it expected the transaction to be fully funded by debt and internal cash resources.
...read more on The Straits Times
CapitaLand India Trust
Price1.050 SGD
NAV92.930 INR
Yield (4 quarters)7.52%
Gearing35.9%