CAPITALAND INDIA TRUST 1H FY 2023 Factsheet
Largest India-focused property trust in Singapore with world-class quality assets
CapitaLand India Trust ("CLINT") was listed in August 2007 as the first Indian property trust in Asia. Its principal objective is to own income-producing real estate used primarily as business space in India. CLINT may also develop and acquire land or uncompleted developments primarily to be used as business space, with the objective of holding the properties upon completion. CLINT is managed by CapitaLand India Trust Management Pte. Ltd., a wholly-owned subsidiary of CapitaLand Investment Limited.
Assets Under | Market | Portfolio floor | Committed | Green Certified | Sustainability | Gearing |
Management | Capitalisation | area | Occupancy1 | Portfolio2 | Linked Loans | Ratio3 |
S$2.7B | S$1.4B | 19.2 million | 94% | 87% | S$650 | 40% |
sq ft | million | |||||
Portfolio (by valuation) | Distribution per unit (Singapore cents) | ||||||||||||||||||||
Asset Class | Geography | ||||||||||||||||||||
Industrial/Logistics Facilities | Mumbai | ||||||||||||||||||||
8% | 12% | ||||||||||||||||||||
Data Centres | |||||||||||||||||||||
4% | Bangalore | ||||||||||||||||||||
Pune | 28% | ||||||||||||||||||||
15% | |||||||||||||||||||||
15 | 295 | ||||||||||||||||||||
Diversified | |||||||||||||||||||||
World Class | Tenants | 3.74 | |||||||||||||||||||
Assets | |||||||||||||||||||||
IT Parks | Chennai | Hyderabad | 4.5 | 7.1 | 7.8 | 6.9 | 6.0 | 5.54 | 4.94 | 5.34 | 6.04 | 6.24 | 6.64 | 8.14 | 9.14 | 9.84 | 8.74 | 9.14 | |||
17% | |||||||||||||||||||||
88% | 28% | ||||||||||||||||||||
CY2007 | CY2009 | CY2011 | CY2013 | CY2015 | CY2017 | CY2019 | CY2021 | YTD CY2023 | |||||||||||||
Growth Strategy
Development Pipeline
2.8 million sq ft in Bangalore5
- million sq ft in Hyderabad
- million sq ft in Chennai
3rd Party Acquisitions
- million sq ft aVance Hyderabad
-
million sq ft
aVance Business Hub 2, Hyderabad
- million sq ft
Building Q2, Aurum Q Parc, Navi Mumbai
- million sq ft BlueRidge 3, Pune
- million sq ft Gardencity, Bangalore
- million sq ft Ebisu, Bangalore
Non-IT Park Asset Class
0.2 million sq ft
Arshiya Khurja Warehouses, NCR
0.3 million sq ft
Casa Grande Industrial Facility (Phase 2), Chennai
54 MW
Data Centre (Phase 1),
Navi Mumbai
40 MW
Data Centre at ITPH, Hyderabad
54 MW
Data Centre at Ambattur, Chennai
42 MW
Data Centre at ITPB, Bangalore
Sponsor assets
Ascendas India Growth
Programme
Ascendas-Firstspace
Platform
- Including options and rights of first refusal in ITPH Block A.
- For business park assets, excluding Building Q1, aVance 6, ITPH Block A and ITPP-H as they were added to the portfolio within the past two years.
- 33% net of cash and proceeds from preferential offering.
- Assumes 100% income payout ratio.
- Includes MTB 6 which is under development.
Notes:
- All information dated as at 30 June 2023 unless stated otherwise.
- All measurements of floor area are defined as "Super Built-up Area" or "SBA", which is the sum of the floor area enclosed within the walls, the area occupied by the walls, and the common areas such as the lobbies, lift shafts, toilets and staircases of that property, and in respect of which rent is payable.
- Any discrepancy between individual amounts and total shown is due to rounding.
CapitaLand India Trust's Portfolio
Arshiya Panvel warehouses Mumbai
Building Q1, Aurum Q Parc | Pune | |
CapitaLand Data Centre Navi Mumbai 1 | ||
Hyderabad | ||
International Tech Park Bangalore | Bangalore | Chennai |
CapitaLand Data Centre ITPB
aVance Pune |
International Tech Park Pune |
International Tech Park Hyderabad
CyberPearl
aVance Hyderabad
CapitaLand Data Centre ITPH
International Tech Park Chennai | |||
CyberVale | |||
9 | 4 | 2 | Industrial Facility, Mahindra World City |
CapitaLand Data Centre Chennai | |||
IT Parks | Data Centre | Industrial/Logistics | |
Developments | Facilities | ||
Financial Performance
Revenue (INR million) | Net property income (INR million) |
8,576
6,795 | 5,265 |
4,078 | 4,658 | 5,550 | 5,584 | 6,124 | 6,579 | 7,220 | 8,626 | 9,336 | 10,188 | 10,250 | 10,613 | 11,906 | 2,391 | 2,628 | 3,197 | 3,260 | 3,654 | 4,249 | 4,790 | 5,827 | 6,791 | 7,668 | 7,910 | 8,576 | 9,429 | |||||||
CY2010 CY2011 CY2012 CY2013 CY2014 CY2015 CY2016 CY2017 CY2018 CY2019 CY2020 CY2021 CY2022 YTD | CY2010 CY2011 CY2012 CY2013 CY2014 CY2015 CY2016 CY2017 CY2018 CY2019 CY2020 CY2021 CY2022 YTD | |||||||||||||||||||||||||||||||
CY2023 | CY2023 | |||||||||||||||||||||||||||||||
REIT-like Characteristics
-
Permissible investment: Adherence to Property Fund
Appendix's definition. - Investment restrictions: Invests at least 75% of the Trust property in income-producing real estate as defined as
CLINT's Trust Deed.
- Development limit: at 20%.
- Distributable income: Minimum 90% to be distributed.
- Tax-exemptdistributions: Distributions exempt from Singapore tax.
- Gearing limit: at 50%.
Corporate Information | Contact Information | |||
Bloomberg ticker: CLINT.SP | Contact: | Cheah Ying Soon | ||
Reuters ticker: CAPC.SI | Phone: | +65 6713 2888 | ||
SGX-ST ticker: CY6U | Email: | cheah.yingsoon@clint.com.sg | ||
Financial Year: January to December | Website: | www.clint.com.sg | ||
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Disclaimer
CapitaLand India Trust published this content on 31 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 July 2023 09:20:05 UTC.
