Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.
CapitaLand Investment to raise Rs.2,500-Cr for IT parks in India
Singapore-based CapitaLand Investment is planning to raise about USD 300 million (about INR 2,500 crore) through one of its private funds for developing information technology (IT) and business parks in India. CapitaLand, which manages real estate assets of over USD 100 Billion, has already raised about USD 600 million since 2018 to fund its asset purchases and develop its portfolio of real estate in India. Singapore-listed real estate investment trust CapitaLand India Trust holds assets worth about USD 3 Billion in India, which it plans to double to USD 6 Billion over the next 3-4 years, during which it also plans to substantially increase its real estate holding from the current 17 million sq ft (msf).
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Venture Intelligence (TSJ Media Pvt. Ltd.)
1, Maharani Chinnamba Road; Alwarpet; Chennai - 600018. India.