CLI’s India Trifecta: Logistics, Data Centers, and Growth

CapitaLand Investment (CLI) is sharpening its India strategy by increasing its focus on logistics, data centres, and capital recycling, while continuing to expand its core business parks portfolio.

In its FY25 annual report, the company outlined a development pipeline of approximately 23 million sq ft over the next three to four years. This includes around 14 million sq ft of business parks and 9 million sq ft of logistics space. CLI is also developing data centre capacity of about 246 megawatts, underscoring its growing emphasis on digital infrastructure alongside traditional office assets.

The company has accelerated its capital recycling efforts through its listed vehicle, CapitaLand India Trust (CLINT). In February 2025, CLINT entered into a forward purchase agreement for an office development in Bengaluru valued at S$233.6 million.

This was followed by CLINT’s first divestment since listing, involving the sale of assets in Chennai and Hyderabad for S$161.7 million. Additionally, it divested a partial stake in three data centres to the CapitaLand India Data Centre Fund for S$149.2 million, further advancing its capital recycling strategy.

News by Rahul Yelligetti.