News for Ascendas India Trust (ACNDF)

CapitaLand India Trust has acquired the 22-storey Building Q2 from Aurum Ventures in Ghansoli, Navi Mumbai, for Rs 707 crore, one of India's largest commercial tower deals. Acting as trustee-manager of its REIT, CapitaLand followed a May 2018 forward purchase agreement, with incremental payments due within 12 months. The LEED Platinum rated Building Q2 hosts clients like DP World, Mizuho Bank, Technip, ICICI Bank, and Axis Bank. Aurum Q Parc offers sports courts, lounges, and food courts, and plans for Aurum Square retail galleria. Earlier, Ascendas bought Building Q1 for Rs 353 crore in November 2021.

Trustee-manager said it expects the transaction to be fully funded by debt, internal cash resources. Read more at straitstimes.com.

There are a total of 5 REITs listed in Singapore managed by CapitaLand Investment (SGX:9CI), the largest fund manager in the country, where it is also the largest unitholder in each of the REITs and business trusts. In this post, I'd be sharing with you more about each of the 5 CapitaLand REITs - in terms of the asset types it invests in, its 10-year performance (financial, portfolio occupancy and debt profile), and also highlights of its Q1 FY2023 business update...

CAPITALAND INDIA TRUST Please note that no food or snacks will be served and there will be no distribution of... | March 23, 2023

/PRNewswire/ -- The

The project comprises two buildings with an aggregate net leasable area of about 1.5 million square feet.

CapitaLand India Trust (CLINT) has agreed to acquire 1 million square feet IT park in Bengaluru for Rs 1,226 crore.

CapitaLand India Trust, through its wholly-owned subsidiary Ecospace IT Park Pvt Ltd, entered into definitive agreements for the proposed acquisition of close to 100 per cent of International Tech Park Pune Hinjawadi, Pune.

With this acquisition, CLINT will have a presence in India's key data centre markets like Navi Mumbai, Hyderabad and Chennai, , CapitaLand, data centre, chennai, Data Consumption, Information technology solutions, Singapore Exchange (SGX-ST)

Chennai is India's second largest data centre co-location market with current IT load capacity of 88 MW

Recent moves of the S-REIT Sector have been aligned with global REITs. In-line with the Bloomberg World REIT Index, the S-REITs have averaged a marginal return in the 2021 YTD, and an 8% decline over the past 12 months.