Real estate investor CapitaLand to double India AUM, foray in renewables - Moneycontrol

Singapore-listed company CapitaLand Investment plans to double its portfolio in India, with assets under management currently valued at about $4bn. Over the next three years, the portfolio is expected to reach S$7-8bn ($5.1-5.9bn). The company is also looking to enter the renewable energy sector and expand to the eastern region of India. The company's investment currently focuses on IT parks, but it hopes the data centre sector will become a bigger contributor. CapitaLand Investment is considering expansion to Tier 1.5 and Tier 2 towns for logistics.

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