CapitaLand Investment India looks to double assets under management to $8 billion

CapitaLand Investment India, part of Singapore's CapitaLand Investment, wants to double its assets under management in India to $8 billion from around $4 billion now, said a top company executive.

The company plans to expand its warehousing and data centre businesses, but the big push will be on its office business.

"IT companies have added massively to their headcount and there is a huge demand for office space, but the supply is still constrained. We are quite bullish about India and will be acquiring additional properties in the coming year across segments," said Gauri Shankar Nagabhushanam, CEO, India Business Parks, CapitaLand Investment. - Sobia Khan