CapitaLand India Trust Signs Agreement with Global Hyperscaler

MT Newswires
15 Jan

CapitaLand India Trust (SGX:CY6U) signed a long-term agreement with a global hyperscaler for one of its data centers, according to a filing with the Singapore Exchange on Wednesday.

Under the agreement, the trust could pre-lease half of its gross power capacity under development of around 250 megawatts.

The trust is currently developing four data centers in India in a bid to strengthen its local portfolio.

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