CapitaLand India Trust sells 2 office assets to Viko Group for Rs.1,103-Cr

CapitaLand India Trust (CLINT) has divested two of its office assets, CyberVale in Chen nai and CyberPearl in Hyderabad, for INR 1,103 crore (around USD 124.2 million) to Hyderabad-based Viko Group.CyberVale comprises about 0.8 million sq ft of IT Special Economic Zone and around 0.2 million sq ft of Free Trade Warehousing Zone in Mahindra World City, Chennai. CyberPearl, located in Hyderabad’s HITEC City, is an IT park of around 0.4 million sq ft.