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CapitaLand India Trust (CLINT)
REITs
CapitaLand India Trust prices JPY4 bil notes due 2028
The notes will bear interest at 1.45% per annum, paid semi-annually in arrears and are expected to be issued on Dec 6.
December 01, 2023
REITs
CapitaLand India Trust secures INR13 bil onshore loan for Navi Mumbai data centre development
The five-year construction loan from J.P. Morgan India will finance the data centre phase one development.
November 10, 2023
Billion Dollar Club 2023
FLCT is overall sector and PAT growth winner
Over the years, FLCT has spent $5 billion on accretive acquisitions
November 09, 2023
Broker's Calls
DBS analysts lower TP for CLINT despite strong 3QFY2023 results, due to depreciation of INR-SGD
Analysts Dale Lai and Derek Tan have maintained their “buy” call, but lowered their target price to $1.35.
October 27, 2023
Results
CapitaLand India Trust reports 23% y-o-y increase of total property income at INR3.75 bil for the 3QFY2023
CapitaLand India Trust’s net property income rose 22% y-o-y, due to higher total property income.
October 26, 2023
Broker's Calls
CapitaLand India Trust’s projected three-year DPU CAGR of 7% has DBS analysts reiterating 'buy' call
CLINT is one of the fastest growing REITS, but 1HFY2023’s DPU was affected by the strong Singapore dollar.
August 02, 2023
Results
CapitaLand India Trust reports 22% lower 1HFY2023 DPU of 3.36 cents due to higher finance costs and enlarged unit base
Unitholders will receive their DPUs on Aug 30.
July 31, 2023
REITs
CapitaLand India Trust announces $150 million EFR to develop properties in India
CapitaLand India Trust announced preferential EFR of $150 million to develop three properties in Hyderabad and Bangalore
June 19, 2023
Broker's Calls
DBS maintains 'buy' rating for CLINT, whose project pipeline shows 'insatiable' growth potential
The DBS analysts have lowered their target price to $1.45 from $1.50 previously.
May 18, 2023
Results
CLINT reports 1QFY2023 net property income of $42 mil, up 5% y-o-y
With a development pipeline, the REIT will see a 77% growth in floor area to 29.9 million sq ft.
April 26, 2023