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CapitaLand India Trust to acquire 2.5 million sq ft of IT buildings in Hyderabad

CapitaLand India Trust to acquire 2.5 million sq ft of IT buildings in Hyderabad
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CapitaLand India: CapitaLand India Trust to acquire 2.5 million sq ft of IT buildings at HITEC City, Hyderabad

CapitaLand India Trust (CLINT) has partnered with Phoenix Group to acquire two IT buildings in HITEC City, Hyderabad, with a total leasable area of 2.5 million square feet. The acquisition is expected to increase CLINT s earnings and distributions for Unitholders, with a pro forma net profit of around S$4.5 million2 on a stabilised basis ....

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CapitaLand Investment launches newly redeveloped International Tech Park Hyderabad Block A with 100% lease commitment

Strategically located in Madhapur, the heart of Hyderabads IT corridor, the business park has received 100% lease commitment from leading global corporations for its Block A office building. The launch event was graced by Shri K.T. Rama Rao, Honble Minister for Municipal Administration & Urban Development, Industry & Commerce, Information Technology, Electronics & Communication, Government of Telangana. ....

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