Ascendas is Asia’s premier provider of business space solutions, with a significant presence
in regional markets like Singapore, China, India and South Korea. Among its flagships are the Singapore Science Park, Ascendas Plaza in Shanghai and Ascendas-Xinsu in Suzhou, China. Over 1,300 of the world’s leading companies, many in the Fortune 500 list, have made Ascendas properties their preferred address in Asia.
In November 2002, Ascendas launched Singapore’s first business space trust, known as the Ascendas Real Estate Investment Trust, or A-REIT. In August 2007, the Ascendas India Trust (a-iTrust) was launched as Singapore’s first listed Indian property trust. In November 2006, it participated in A-KOF, an office fund in Korea. From June to August 2007, Ascendas also launched a series of private funds, namely Ascendas India Development Trust (AIDT), Ascendas ASEAN Business Space Fund, Ascendas China Commercial Fund (ACCF) and Ascendas China Industrial & Business Parks Fund (ACIBPF).
Ascendas develops, manages and markets IT parks, industrial parks (manufacturing, logistics and distribution centres), business parks, science parks, high-tech facilities, office and retail space.
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.
International Tech Park Bangalore, Bangalore
International Tech Park Chennai, Chennai
The V, Hyderabad
CyberPearl,
Hyderabad
International Tech Park Pune, Pune
Cybervale, Chennai
Ascendas OneHub Gurgaon, Gurgaon
OneHub Coimbatore, Coimbatore
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 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.
