CapitaLand India Trust (CY6U) presented its FY 2025 performance at Citi’s 31st Annual Global Property CEO Conference on Mar, 2 2026.
The trust recorded total property income of 294.4 million Singapore dollars, an increase of 6% year-on-year, while net property income grew 9% to 224.9 million Singapore dollars.
Income available for distribution rose 17% to 118.9 million Singapore dollars and income to be distributed climbed 17% to 107.0 million Singapore dollars. Distribution per unit increased 15% to 7.87 Singapore cents.
Key operating metrics included a committed occupancy of 91% and a trailing twelve-month rental reversion of +21%. The gearing ratio stood at 39.6% as at Dec, 31 2025, with an average cost of debt of 5.6%.
The trust reiterated its growth pipeline of 7.3 million square feet from forward purchases and 3.7 million square feet of development potential, targeting a 49% increase in portfolio floor area by 2030. It also aims to raise the proportion of onshore debt to 40–50% of total borrowings over the next three to four years.