Equity Overview
Price & Market Data
Price: $0.784
Daily Change: -$0.0179 / 2.28%
Range: $0.775 - $0.801
Market Cap: $1,079,536,000
Volume: 29,426
Performance Metrics
1 Week: -3.33%
1 Month: -1.39%
3 Months: 6.71%
6 Months: 0.32%
1 Year: 3.87%
YTD: -4.03%
Company Details
Employees: 22
Sector: Finance
Industry: Real estate investment trusts
Country: Singapore
Details
CapitaLand India Trust (CLINT) was listed on the Singapore Exchange Securities Trading Limited (SGX-ST) in August 2007 as the first Indian property trust in Asia. Its principal objective is to own income-producing real estate used primarily as business space in India. CLINT may also develop and acquire land or uncompleted developments primarily to be used as business space, with the objective of holding the properties upon completion. As at 31 December 2024, CLINT's assets under management stood at S$3.7 billion. CLINT's portfolio includes 10 world-class IT business parks, three industrial facilities, one logistics park, and four data centre developments in India, with total completed floor area of 21.9 million square feet spread across Bangalore, Chennai, Hyderabad, Pune, and Mumbai. CLINT is focused on capitalising on the fast-growing IT industry and logistics/industrial asset classes in India, as well as proactively diversifying into other new economy asset class such as data centres. CLINT is structured as a business trust, offering stable income distributions similar to a real estate investment trust. CLINT focuses on enhancing shareholder value by actively managing existing properties, developing vacant land in its portfolio, and acquiring new properties. CLINT is managed by CapitaLand India Trust Management Pte. Ltd., formerly known as Ascendas Property Fund Trustee Pte. Ltd. The Trustee-Manager is a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited, a leading global real asset manager with a strong Asia foothold.