Building Q2 (left) and Building Q1. (Photo: CapitaLand India Trust)

Investment manager abrdn Asia Limited has become a substantial unitholder in CapitaLand India Trust.

The development comes after it increased its stake to 5.003%, crossing the statutory threshold that requires disclosure under Singapore's securities regulations.

abrdn Asia is a wholly-owned subsidiary of Aberdeen Asset Management.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.