CapitaLand India Trust to buy 3 industrial facilities in OneHub Chennai for $43.2m

News about CapitaLand India Trust
CapitaLand India Trust (Clint) is buying three industrial facilities in OneHub Chennai in India on a forward purchase basis from Casa Grande Group, its trustee-manager said on Feb 5.

The total transaction cost of 2.7 billion rupees (S$43.7 million) includes the partial funding for the lease of the project land, as well as full funding for the project’s development.
...read more on The Straits Times
CapitaLand India Trust
Price1.090 SGD
NAV97.380 INR
Yield (4 quarters)7.22%
Gearing37.6%