These two assets are sold at 3% premium to their independent valuations as at December 31 2024.
CapitaLand India Trust (CLINT) is divesting two properties CyberVale in Chennai and CyberPearl in Hyderabad for just over 11 billion rupees, or $161.7 million.
CLINT, making its first divestment since listing in 2007, will book net proceeds of some $158.8 million.
