CapitaLand India Trust (CLINT) has secured a second long-term agreement with a global hyperscaler for Tower 2 of CapitaLand DC Navi Mumbai in Airoli, Navi Mumbai. This agreement marks a significant milestone with CLINT having pre-leased 53 per cent of the total gross power capacity across its three data centres under development located in Navi Mumbai, Hyderabad and Chennai.
CapitaLand DC Navi Mumbai Tower 2 is a hyper dense facility with a planned IT load of 37 megawatts and gross power capacity of 55 megawatts. It is one of the largest single tower implementations of liquid cooling in the region and has one of the best design power usage effectiveness achieved for a single data centre tower. The tower is expected to be completed by fourth quarter of 2026 and will be progressively handed over to the tenant in the first half of 2027.
Commenting on the announcement, chief executive officer (CEO), CLINT Management Pte. Limited, said, “This agreement underscores CLINT’s ability to deliver world-class solutions within the critical infrastructure sector, establishing our data centres as the preferred choice for global hyperscalers. Successfully pre-leasing a substantial portion of our data centres under development reinforces CLINT’s position as a key player in India’s rapidly expanding digital solutions market. It also reflects the confidence leading global technology companies have in CapitaLand’s vertically-integrated data centre and real estate expertise, from design, development through to operation.”
Meanwhile, in December 2025, CLINT announced the divestment of 20.2 per cent stakes in three data centres under development to CapitaLand India Data Centre Fund (CIDCF), as part of its portfolio reconstitution and value-unlocking strategy. This followed CLINT’s maiden divestment of CyberVale in Chennai and CyberPearl in Hyderabad in September 2025. Proceeds from the divestments will be redeployed to repay higher-interest debt or reinvest in other income-yielding opportunities.
Commenting on the divestments, the CEO, said, “CLINT’s disciplined portfolio reconstitution strategy allows us to strengthen portfolio quality and recycle capital towards higher yielding investment opportunities. Upon completion of the proposed divestment, expected by end-February 2026, CLINT will continue to be invested in India’s data centre sector through our 79.8 per cent interest in the data centre portfolio. The joint venture with CIDCF will also provide CLINT with participation rights of up to 33.0 per cent in future data centre opportunities in India by the sponsor, CapitaLand Investment or CIDCF, offering strategic flexibility and optionality for further expansion in future. We remain committed to deliver long term risk-adjusted returns to our unitholders.”
