CapitaLand India Trust sells 20.2% stakes in 3 data centre assets for ₹702 crore
By
Binu Mathew
New Delhi, CapitaLand India Trust has sold 20.2% stakes in three under-construction data centre assets for ₹702 crore as part of its strategy to monetise value of the assets.
The stakes have been sold to CapitaLand India Data Centre Fund (CIDCF). In a statement on Wednesday, CapitaLand India Trust (CLINT) said it has entered into definitive agreements for the divestment of 20.2% stakes in three data centre assets under development to the CIDCF for ₹702 crore.
