CapitaLand Investment (CLI) is sharpening the contours of its India strategy, with a growing tilt towards logistics, data centres and capital recycling, even as it continues to scale its core business parks portfolio.
In its latest FY25 annual report, the Singapore-based investor said it has a development pipeline of approximately 23 million sq ft over the next three to four years, comprising around 14 million sq ft of business parks and nine million sq ft of logistics space. The company is also building out data centre capacity of about 246 megawatts, underlining its growing focus on digital infrastructure alongside core office assets.
The company also stepped up capital recycling through its listed vehicle, CapitaLand India Trust (CLINT). In February 2025, CLINT entered a forward purchase of an office development in Bengaluru for S$233.6 million. This was followed by its first divestment since listing, with the sale of assets in Chennai and Hyderabad for S$161.7 million, and a partial stake sale in three data centres to CapitaLand India Data Centre Fund for S$149.2 million.
CLINT’s funds under management stood at S$5.2 billion, with CLI holding a 25 per cent stake, underscoring its continued commitment to the India platform.