CapitaLand India Trust ( CLINT ) has secured a second long-term agreement with a leading global hyperscaler for its data centre in Airoli, Navi Mumbai. With this deal, the company has pre-leased 53% of the total gross power capacity across its data centres under development in Navi Mumbai, Hyderabad, and Chennai.

“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,” says Gauri Shankar Nagabhushanam, chief executive officer of CLINT’s trustee-manager. “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.” 

Tower 2 of CapitaLand DC Navi Mumbai in Airoli, Navi Mumbai.

In December 2025, CLINT announced the divestment of 20.2% 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 follows 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.

Nagabhushanam adds: “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% interest in the data centre portfolio.

“The joint venture with CIDCF will also provide CLINT with participation rights of up to 33.0% 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.”

CapitaLand DC Navi Mumbai Tower 2, the subject of the latest pre-leasing agreement, 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 company says. The tower is expected to be completed by 4Q 2026 and will be progressively handed over to the tenant in 1H 2027.

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