CapitaLand planning to expand to eastern markets; AUM to double in three years: CEO - Moneycontrol

Singapore-listed company CapitaLand Investment (CLI) plans to double its portfolio in India, aiming to increase its assets under management in the country from $4bn to S$7-8bn over the next three years. The company is also looking to expand to the eastern region of India and enter the renewable energy business. CapitaLand's current investment in India includes business parks, industrial and logistics parks, serviced apartments, co-working spaces and data centres. The company is particularly hopeful that the data centre segment will play a larger role in its overall business in the future.

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