The growth was mainly on the back of income contribution from Block A in International Tech Park Hyderabad which was completed in January 2023; International Tech Park Pune - Hinjawadi which was acquired in May 2023; Industrial Facilities 2 and 3 at Mahindra World City, Chennai which was acquired in December 2024; aVance II Hinjawadi, Pune, which was acquired in February 2024; as well as higher rental income of existing properties.
The manager of CapitaLand India Trust (SGX:CY6U
) (CLINT) has announced a DPU of 3.64 cents for its 1HFY2024 ended June, up 8% y-o-y from the 3.36 cents reported in the previous corresponding period.
Total property income and net property income for the period grew by 23% and 21% y-o-y to $136.1 million and $103.5 million respectively.
