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 About Ascendas About Ascendas in India The Ascendas Advantage
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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.
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. |
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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 14 years of experience in property development and
management in India.
Ascendas Pte Ltd (Ascendas) develops IT Parks and hi-tech buildings, as well as 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, and International Tech Park Chennai (ITPC). Ascendas is also developing International Tech Parks in Pune (ITPP) and Nagpur (ITPN) as well as CyberVale, an IT Park within Mahindra World City in Chennai.
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 is now being offered for listing and renamed Ascendas India Trust. In June 2007, Ascendas also launched Ascendas India Development Trust, a private trust focusing on integrated developments in India.
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Tenants in Ascendas properties, including those held under the a-iTrust portfolio, enjoy the benefits of an international business lifestyle environment — a customer experience uniquely branded as the “Ascendas Advantage”, which consists:
Physical spaces in each of Ascendas' Properties are built according to international standards. The Properties offer the best quality for the specifications and price point required
With Ascendas' bundled services, tenants can focus on running their businesses instead of having to deal with the hassle of real estate management. Services tailored to suit customers’ real estate needsinclude build-and-lease options, e-infrastructure and even office fittings.
Ascendas' IT parks offer holistic “work-play” lifestyles that knowledge workers aspire to have. Extensive amenities such as gymnasiums and restaurants are matched with beautiful landscaped settings, including lush gardens and artworks. Activities such as festive celebrations, sports and charity meets are organised by Ascendas to complete the “work-play” environment.
With the Ascendas Advantage, its tenants enjoy a balanced, vibrant and healthy work environment, which in turn inspires work excellence and enhances productivity for everyone.
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