CapitaLand India Trust (CLINT)

Insider moves

DBS disposes of 54,600 units in CLINT for $61,152

Following the transaction, DBS’ stake in CLINT stood at 0.431%.

Insider moves

DBS buys 675,000 units in CLINT for $0.7 mil

Following the transaction, DBS’ stake in CLINT came up at 0.443%.

Results

CapitaLand India Trust reports 14% y-o-y increase of total property income at INR43 bil for 3QFY2024

During this period, CLINT’s net property income (NPI) rose 15% y-o-y to INR3.3 billion ($53 million).

Debt and defaults

Trustee-manager of CapitaLand India Trust enters $50 mil sustainability-linked loan with Bank of East Asia

It was not specified in the announcement what the loan would finance, but the aggregate level of borrowing stands at $1,660 mil.
CapitaLand India Trust’s unique formula to accretive growth  - THE EDGE SINGAPORE

REITs Report 2024

CapitaLand India Trust’s unique formula to accretive growth

CEO of CapitaLand India Trust's trustee-manager reveals its secret sauce of continued 17-year NPI, DPU growth
CapitaLand Investment targets to more than double investments in India by 2028 - THE EDGE SINGAPORE

India

CapitaLand Investment targets to more than double investments in India by 2028

The target was announced on the back of CLI’s 30th anniversary in India.

Results

CapitaLand India Trust posts 1HFY2024 DPU of 3.64 cents, up 8% y-o-y

Total property income and net property income for the period grew by 23% and 21% y-o-y respectively.

Broker's Calls

Fitch initiates ‘BBB-‘ rating on CapitaLand India Trust; outlook stable

Fitch forecasts CLINT’s revenue to come in at $283 million and $336 million in FY2024 and FY2025 respectively.
DBS buys 1 mil units in CLINT for $990,000 - THE EDGE SINGAPORE

Insider moves

DBS buys 1 mil units in CLINT for $990,000

After the transaction, DBS now owns 0.656% of the units in the REIT.
CapitaLand India Trust secures $200 mil sustainability-linked loan - THE EDGE SINGAPORE

REITs

CapitaLand India Trust secures $200 mil sustainability-linked loan

This brings the group’s sustainable finance to $1.16 bil, or 79% of its total loans.
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