Link: https://links.sgx.com/1.0.0/corporate-announcements/0NGNUHYZB8ABZCFE/3f9657dace748310e19956d2da9972087ac21daf507aa985780ac6ec8cf86d76

Summary:

• CLINT is Singapore's largest India-focused property trust, holding 21.7 million sq ft of completed assets and 4.6 million sq ft committed for development; portfolio size has grown 5x since IPO.

• Dividend yield stands at 6.6% (annualised 1H 2025 DPU, S$1.21/unit); 18.4% total shareholder return over past 12 months.

• Diversified assets include 8 IT parks, 4 industrial/logistics facilities, and 3 data centre developments across five key Indian cities.

• Committed pipeline poised for 44% portfolio floor area growth by 2028, with major DC projects: Navi Mumbai DC Tower 2, Hyderabad, and Chennai (150 MW combined).

• YTD Sep 2025 property income grew 10% YoY to S$225.2m, net property income up 10% to S$172.1m; committed occupancy reached 91%.

• 2025 highlights include completion and full leasing of Navi Mumbai DC Tower 1, strategic divestments, and active capital recycling.

• ESG: 65% reduction in carbon emission intensity since 2019, 29 MW captive solar, MSCI ESG “A” rating, 5-Star GRESB score.

• Well-managed balance sheet: gearing at 40.9%, S$780mn debt headroom, 77% borrowings at fixed rates.

• Growth levers: Further diversification, tenant expansion (302 tenants, top 10 contribute 43% base rent), robust rental reversion (+15%), strengthening development and acquisition pipeline, prudent capital management, and sustainability initiatives.