Singapore-based CapitaLand India Trust Management, as the trustee manager of CapitaLand India Trust (CLINT), has successfully acquired two leased industrial facilities in Chennai’s Mahindra World City for INR 177 crore. The transaction involved a forward purchase agreement with the shareholders of Chengalpattu Warehousing Parks Private Limited (CWPPL), the owner of Casa Grande – Phase 2. The facilities, covering 0.33 million sq.ft., are leased to key electronics manufacturers, including Pegatron. This move strategically positions CLINT to meet the increasing demand from both international and regional companies expanding their manufacturing activities. Sanjeev Dasgupta, CEO of CapitaLand India Trust Management, highlighted the prime location within Chennai’s well-established industrial micro-market.