Ascendas India Trust

Ascendas India Trust is a Singapore-listed real estate investment trust (REIT) that specializes in owning and managing income-producing properties in India. The trust's portfolio includes nine IT business parks, one logistics park, one industrial facility, and four data centre developments, totaling approximately 19.2 million square feet across major Indian cities such as Bangalore, Chennai, Hyderabad, Pune, and Mumbai. This diverse portfolio caters to the growing demand for business spaces in India's rapidly expanding economy.

The trust's investment strategy emphasizes the acquisition and development of properties that serve as business spaces, particularly in the IT and logistics sectors. By focusing on these sectors, Ascendas India Trust aims to capitalize on the robust growth of India's information technology and logistics industries. The trust also proactively diversifies into new economy asset classes, such as data centres, to enhance its portfolio resilience and income streams.

Ascendas India Trust is managed by CapitaLand India Trust Management Pte. Ltd., a wholly owned subsidiary of Singapore-listed CapitaLand Investment Limited. This management structure leverages CapitaLand's extensive experience in real estate investment and development, providing Ascendas India Trust with a strong foundation for strategic growth and value creation for its unitholders.