CapitaLand India Trust (CY6U) told investors at Citi’s Pan-Asia Conference on May 19 2026 that total property income for the March quarter grew 3 per cent year-on-year to 4.88 billion Indian rupees, while net property income rose 8 per cent to 3.78 billion Indian rupees. Due to a weaker rupee, the figures translated into 69.0 million Singapore dollars and 53.4 million Singapore dollars, down 8 per cent and 3 per cent respectively in local currency terms.

The trust’s committed portfolio occupancy stood at 91 per cent, with trailing-twelve-month rental reversions averaging a positive 17 per cent. Average cost of debt was 5.7 per cent and gearing eased to 35.7 per cent following recent capital-management actions.

On 27 Feb 2026 CLINT completed the divestment of a 20.2 per cent stake in three data-centre developments to CapitaLand India Data Centre Fund for 7.0 billion Indian rupees (about 99.7 million Singapore dollars), representing a 13.7 per cent premium to independent valuations and a 2.7-times multiple on invested capital.

To fund its forward-purchase pipeline, the trust raised about 150 million Singapore dollars through a private placement of 124.2 million new units at 1.208 Singapore dollars each. The issue was 2.6-times covered by institutional and accredited investors. An advanced distribution of 1.44 Singapore cents per unit for the period from Jan 1 to Mar 4 2026 was paid on Apr 10.

CLINT also signed a second long-term agreement with a global hyperscaler for Tower 2 of its Navi Mumbai data centre, where Tower 1 has been partly handed over since July 2025. Portfolio floor area now totals 21.7 million square feet, with an additional 7.3 million square feet secured under forward-purchase deals and 3.7 million square feet of on-site development potential, underpinning a targeted 49 per cent growth in gross floor area by 2030.