- CEO
- Gauri Shankar Nagabhushanam
- Full Time Employees
- 17
- Sector
- Real Estate
- Industry
- Real Estate - Services
- Address
- 1 Fusionopolis Place Singapore CE Singapore 138522
- IPO Date
- Mar 28, 2008
- Business
- Ascendas India Trust (a-iTrust) engages in owning, developing, and managing indentified income-producing real estate assets in India, with a focus on business-space properties and logistics facilities. The trust lists its principal objective as owning and operating income-generating office parks, IT campuses, warehouses, and related facilities, with potential development of land or unfinished projects intended for future business-space use. The portfolio comprises IT business parks such as International Tech Parks in Bengaluru and Chennai, CyberVale in Chennai, and a network of Arshiya warehouses near Mumbai, alongside ongoing and planned warehouse developments to meet rising tenant demand. Headquartered in Singapore-based management and listed on the SGX since August 2007, a-iTrust pursues stable distributions and long-term capital appreciation through active asset management, selective acquisitions, development funding, and strategic alliances within its Indian real estate portfolio. The company operates primarily through India, with assets and operations spanning major technology and logistics hubs, and maintains governance via Ascendas Property Fund Trustee Pte. Ltd., under CapitaLand Investment’s oversight. Founding year and headquarters reflect its origins as a pioneering cross-border Indian property trust, designed to deliver diversified, income-generating real estate solutions to global investors seeking exposure to India’s business-space market. References to ongoing asset acquisitions and development funding indicate a strategic expansion in warehousing, industrial, and IT park segments to capitalize on surging tenancy demand and growth in India’s logistics and technology sectors. [Citations]