More than a business space provider
Ascendas seeks to grow strongly in all its key markets through both development projects and acquisitions over the next five to 10 years
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ASCENDAS, a leading provider of business space solutions in Asia, has been a long-term investor that attracts industries and creates good jobs, contributing to the economic and social development of all the cities that it operates in. By working closely with local governments to create win-win outcomes, it has clearly differentiated itself as more than a property developer or landlord by offering a unique suite of products and services.
Ascendas has over 30 years of experience in developing, managing and marketing IT parks, industrial and logistics parks, business parks, science parks, office and retail space. With a presence in 25 cities across 10 countries, it has brought the Singapore brand of quality and development experience to its projects in the region.
Beyond property development, Ascendas also manages three listed trusts and a series of private funds with commercial and industrial assets across Asia. As of March 31, Ascendas' total assets under management (AUM) amounted to S$16.8 billion, up from S$1.2 billion in 2001.
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