CapLand India Trust's net real estate income for the first quarter fell 3% to 53.4 million yuan | Lianhe Zaobao

Zaobao
2026.04.24 00:27
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CapitaLand India Trust's net property income (NPI) for the first quarter of 2026 decreased by 3% year-on-year, amounting to 53.4 million; total property revenue decreased by 8% year-on-year to 69 million. The trust stated that currency fluctuations led to a decline in revenue when measured in Singapore dollars, but net property income in Indian rupees increased by 8% year-on-year to 3.775 billion Indian rupees. The trust also mentioned the revenue contribution from new real estate projects and long-term agreements signed with data center operators