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Ascendas India Trust to buy 7 more Hyderabad office buildings

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Published Mon, May 21, 2018 · 09:50 PM

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Singapore

THE manager of Ascendas India Trust has entered into a forward purchase agreement to acquire two buildings, aVance 5 and 6 from Phoenix Infocity, the master developer of the aVance Business Hub in Hyderabad.

a-iTrust has also entered into a separate agreement with Phoenix to acquire five future buildings in aVance Business Hub 2, which is adjacent to aVance Business Hub.

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