Ascendas-Singbridge GroupAscendas-Singbridge Group
A member of the Ascendas-Singbridge Group, Ascendas is Asia's leading provider of business space solutions with more than 30 years of experience. Based in Singapore, Ascendas has built a strong regional presence and serves a global clientele of over 2,400 customers in 25 cities across 10 countries including Singapore, China, India, Malaysia, South Korea and Vietnam.
Ascendas specialises in masterplanning, developing, managing and marketing IT parks, industrial & logistics parks, business parks, science parks, hi-specs facilities, office and retail spaces. Leveraging on its track record and experience, Ascendas has introduced new business space concepts such as integrated communities and solutions which seamlessly combine high-quality business, lifestyle, retail and hospitality spaces to create conducive human-centric work-live-play-learn environments. Its flagship projects include the Singapore Science Park and Changi City at Changi Business Park in Singapore, International Tech Park Bangalore in India and Ascendas-Xinsu in Suzhou Industrial Park, China. Ascendas provides end-to-end real estate solutions, assisting companies across the entire real estate process.
In November 2002, Ascendas launched Singapore's first business space trust, Ascendas Real Estate Investment Trust (A-REIT), and in August 2007, Ascendas India Trust (a-iTrust) was listed as the first Indian property trust in Asia. In July 2012, Ascendas listed Ascendas Hospitality Trust (A-HTRUST), which comprises a portfolio of quality hotels in Australia, China, Japan and Singapore. Besides managing listed real estate funds, Ascendas also manages a series of private funds with commercial and industrial assets across Asia.
About Ascendas in India
As one of the few foreign investors who have successfully acquired and developed assets in India, Ascendas and its related companies have a strong track record as a leading business space solutions provider with over 15 years of experience in property development and management in India.
Ascendas Pte Ltd (Ascendas) develops and manages IT Parks/SEZs, Integrated Developments, Built-to-Suit and Ready-Built Facilities. Starting with the landmark International Tech Park Bangalore (ITPB), Ascendas has since followed on its success with CyberPearl and The V in Hyderabad, International Tech Park Chennai (ITPC) and CyberVale, an IT Park within Mahindra World City in Chennai. Ascendas is also developing International Tech Park in Pune (ITPP) and two Integrated Developments in Coimbatore and Gurgaon.
In June 2005, Ascendas launched the Ascendas India IT Parks Trust, a private real estate fund seeded by two prime properties – ITPB and The V. The Trust later acquired CyberPearl and ITPC and was then being offered for listing and renamed Ascendas India Trust. In August 2007, Ascendas India Trust (a-iTrust) was launched as Asia’s first listed Indian property trust. In June 2007, Ascendas also launched Ascendas India Development Trust, a private real estate fund focusing on integrated property developments in India.
The Complete Customer Experience
The Trustee-Manager has access to Ascendas' business space provider platform which offers comprehensive real estate services from pre-development planning to later stage development and project management, property and estate management, renovation services and e-Infrastructure solutions as well as financing solutions such as build-and-lease and saleleaseback. Concurrently, the Trustee-Manager also has access to Ascendas' ability to systemise the processes of development planning, construction management, property, lease and asset management and marketing consultancy.