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CapitaLand India Trust has announced that its wholly owned subsidiary, Datascape Realty Private Limited, has entered into a construction loan facility agreement worth INR 16.72 billion with Mizuho Bank. The financing is expected to support ongoing development activities within the trust’s portfolio in India. In addition to the construction loan, the subsidiary has also obtained a standby letter of credit facility from Mizuho Bank’s Singapore branch with an overall limit of INR 17.72 billion. The development highlights continued institutional lending support for large-scale real estate and infrastructure projects in India.
CapitaLand India Trust has strengthened its financing position after its wholly owned subsidiary, Datascape Realty Private Limited, entered into a construction loan facility agreement worth INR 16.72 billion with Mizuho Bank.
The funding arrangement is intended to support the subsidiary’s development and construction activities. While the company did not disclose specific project details linked to the loan, such facilities are generally used to fund project execution, construction progress and related development expenses.
Alongside the construction financing, Datascape Realty has also secured a standby letter of credit facility from Mizuho Bank’s Singapore branch. The facility carries an overall limit of INR 17.72 billion and is expected to provide additional financial flexibility for the company’s ongoing and future obligations.
CapitaLand India Trust is one of the largest India-focused property trusts listed in Singapore and has exposure across business parks, logistics, industrial assets and data centre developments. In recent years, the trust has expanded its presence in India’s growing digital infrastructure segment, including investments in data centre assets to cater to rising demand from cloud computing, artificial intelligence and enterprise data storage requirements.
The latest financing arrangement comes at a time when institutional lenders continue to support high-quality commercial real estate and infrastructure-linked developments across major Indian markets. Access to long-term funding remains an important factor for developers and asset owners pursuing large-scale projects, particularly in sectors such as business parks, logistics and data centres that require substantial capital investment.
The agreement also reflects the continued participation of international banking institutions in funding India’s real estate and digital infrastructure sectors, which have attracted growing investor interest over the past few years.
Source Reuters
5th Jun, 2025
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