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Ascendas India Trust

SGX:CY6U Share Price & Live Data

Price:
1.15 SGD
Change:
-0.03 (-2.54%)
Price open 1.14
Previous close 1.18
Market cap 1.32B
Volume 495.60K
Day high 1.18
Day low 1.13
Year high 1.83
Year low 0.98

About Ascendas India Trust

Ascendas India Trust (“a-iTrust” or the “Trust”) was listed in August 2007 as the first Indian property trust in Asia. Its principal objective is to own income-producing real estate used primarily as business space in India. a-iTrust may also develop and acquire land or uncompleted developments primarily to be used as business space, with the objective of holding the properties upon completion. The portfolio comprises seven world-class IT business parks and six modern warehouses in India, namely the International Tech Park Bangalore, International Tech Park Chennai and CyberVale in Chennai, CyberPearl, The V and aVance Business Hub in Hyderabad, BlueRidge 2 in Pune and Arshiya warehouses near Mumbai. a-iTrust is structured as a business trust, offering stable income distributions similar to a Real Estate Investment Trust. The Trust focuses on enhancing shareholder value by actively managing existing properties, developing vacant land in its portfolio, and acquiring new properties. a-iTrust is managed by Ascendas Property Fund Trustee Pte. Ltd., a subsidiary of Ascendas-Singbridge Group.

Overview
Name Ascendas India Trust
Exchange Singapore Stock Exchange
Sector Real Estate
Industry Real Estate Services
Country Singapore

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