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SINGAPORE (Aug 1): Riding on the fast growing IT and logistics industries in India, Ascendas India Trust (a-iTrust) is expecting rentals in Bangalore and Hyderabad’s IT Corridor I to increase over the next few quarters on the back of sustained demand. In particular, the trust’s logistic park, A...

ASCENDAS India Trust on Thursday posted a 28 per cent jump in distribution per unit (DPU) for the first quarter ended June 30.

SINGAPORE (July 25): The trustee-manager of Ascendas India Trust (a-iTrust) reported a DPU of 2.05 cents for 1Q19 ended June, 28% higher compared to a year ago. Total property income rose 10% to $49.2 million, while total property expenses increased by 1% to $11.5 million due to higher property man...

ASCENDAS India Trust on Thursday posted a 28 per cent jump in distribution per unit (DPU) for the first quarter ended June 30.

SINGAPORE (July 16): CapitaLand completed its merger with Ascendas-Singbridge (ASB) on June 30. The group acquired all the shares in two ASB subsidiaries from Temasek for $6 billion, to create the largest diversified property group in Asia. See: Singbridge in $11 bil deal to create Asia’s largest...

ASCENDAS India Trust (a-iTrust) is planning to finance the construction of an additional warehouse in western India and acquire it upon completion for a total investment of around 2.15 billion Indian rupees (S$42.1 million).

SINGAPORE (July 11): The trustee-manager of Ascendas India Trust (a-iTrust) has entered into a construction funding and forward purchase agreement with a subsidiary of Arshiya, to develop an additional warehouse at the Arishya Free Trade Warehousing Zone (FTWZ) in Panvel. The warehouse has a total ...

Ascendas India Trust had in November 2017 acquired six operating warehouses for $83 million. The post Ascendas India Trust acquires seventh warehouse in Mumbai for $31m appeared first on DealStreetAsia.

ASCENDAS India Trust (a-iTrust) is planning to finance the construction of an additional warehouse in western India and acquire it upon completion for a total investment of around 2.15 billion Indian rupees (S$42.1 million).