On February 5, 2024, the managing director of CapitaLand India Trust (Clint) indicated that he is buying three industrial facilities from OneHub Chennai, India, on the basis of a forward purchase from the Casa Grande Group.

Clint's total transaction cost is 2.7 billion rupees (43.2 million Singapore dollars). It includes the partial financing of the lease of the project land, and the full financing of the project development. In reality, Clint will finance the project to the tune of 1.9 billion rupees in three phases, starting in February 2024. It will acquire the facilities at the end of the construction of each phase, which is subject to a stabilization period of six months for the rental. The managing director of Clint said that the development of the first phase would begin in February 2024 and be completed in