CapitaLand to Sell Chennai Unit Leased to Apple Supplier Pegatron for $600 Million
ByAinvest
Thursday, Aug 28, 2025 2:05 pm ET1min read
AAPL--
Singapore-based CapitaLand is selling a 750,000 sq ft industrial unit in Chennai leased to Pegatron, a supplier for Apple, for nearly ₹600 crore. Bidders include Brookfield, Hines, and Hillhouse Capital. The unit is leased long-term and holds significant value due to the manufacturing of Apple products there. CapitaLand is reassessing the bidding process and seeking board approval for rebidding.
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