S$34.7M investment: CapitaLand India Trust to acquire 2.5M sq ft of IT buildings at HITEC City, Hyderabad

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

España Noticias Noticias

España Últimas Noticias,España Titulares

This move by CLINT is expected to increase its earnings and boost returns for its Unitholders

SINGAPORE: CapitaLand India Trust has reportedly entered into a forward purchase agreement with Phoenix Group to acquire prime IT buildings in HITEC City, India, an area in Hyderabad that’s a magnet for major multinational companies..

Under the forward purchase agreement, CLINT will fund INR 2.15 billion to clear off the existing loan. In return, it’ll earn interest on the funding at a rate that beats its borrowing cost.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 9. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares