CapitaLand Investment Limited (9CI.SI,CLILF), a Singaporean real asset manager, said on Wednesday that it has raised around S$150 million equity in the first close of its CapitaLand India Data Centre Fund, or CIDCF.
The fund is targeting a final close of around S$300 million. With the first close, CIDCF will acquire a 20.2% interest in each of the three data centers, from CapitaLand India Trust, or CLINT, for an estimated S$99.73 million.
In addition, CIDCF will have right of first offer on acquiring an interest in CLINT's fourth data centre in Bangalore, CapitaLand DC Bangalore. CIDCF is focused on data centre development opportunities in India.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.