CapitaLand India Trust Management Pte. Ltd., the Trustee Manager of CapitaLand India Trust ("CLINT") has completed the acquisition of Casa Grande ­ Phase 2. The acquisition comprises two fully leased industrial facilities comprising 0.33 million square feet (sq ft) at Mahindra World City, Chennai, India; and 0.31 million sq ft is leased to a leading international electronics manufacturer while the remaining 0.02 million square feet is leased to a global energy solutions provider. This is the second forward purchase transaction that CLINT has entered with the Casa Grande Group.

The first forward purchase transaction of a fully leased industrial facility (Casa Grande Phase 1) was completed on 27 May 2022. With the acquisition, CLINT's completed floor area for its industrial and logistics assets has risen to approximately 10% of its portfolio. CLINT's total completed floor area for its entire portfolio has also increased to 19.6 million sq ft.