ascendas india trust

CapitaLand India Trust acquires pair of Chennai assets for 1.8 billion rupees

CAPITALAND India Trust (Clint) has acquired two industrial facilities in Mahindra World City, Chennai, for 1.8 billion rupees (S$28.7 million) – or below their total open market value of 1.9 billion r...

Total property income rose 6 per cent on year in the first quarter of FY22, climbing to S$49.7 million from S$47.1 million. 
The increase was due to income contribution from aVance 6 (pictured) in Hyderabad and Building Q1, Aurum Q Parc.

Ascendas India Trust Q1 net property income up 4%

ASCENDAS India Trust (a-iTrust) reported a 4 per cent increase in net property income for its first quarter ended March 2022 on the back of higher total property income.

aVance 6 was among the properties that contributed to the rise in total property income.

Ascendas India Trust H1 DPU up 2% on the back of new tech park leases

ASCENDAS India Trust (a-iTrust) on Monday (Aug 1) posted a S$0.0428 distribution per unit (DPU) for H1 ended June, up 2 per cent from the previous year, thanks to an increase in occupancy in major tec...

Ascendas India Trust recently completed the acquisition of  Casa Grande – Phase 1 (above), a 420,000 square feet fully-leased industrial facility.

Ascendas India Trust invests in 2 industrial assets in Chennai

ASCENDAS India Trust has entered into a forward purchase agreement for 2 industrial properties in Mahindra World City in Chennai on the eastern coast of India.

Ascendas India Trust proposes to acquire Panvel warehouse for 2.2b rupees

Ascendas India Trust proposes to acquire Panvel warehouse for 2.2b rupees

ASCENDAS India Trust (a-iTrust) on Thursday (Mar 24) entered into definitive agreements to acquire a 330,000 square foot warehouse in Panvel, Navi Mumbai, for 2.2 billion rupees (S$38.7 million).

DBS, Jefferies lower Ascendas India Trust target price on post-FY2021 results

DBS, Jefferies lower Ascendas India Trust target price on post-FY2021 results

Both brokerages still maintain 'buy' call on account of projected improvements in portfolio occupancy

Brokers' take: DBS, Jefferies lower Ascendas India Trust target price on post-FY2021 results

Brokers' take: DBS, Jefferies lower Ascendas India Trust target price on post-FY2021 results

DBS Group Research and Jefferies on Thursday (Jan 27) lowered their target price (TP) for Ascendas India Trust to S$1.70 and S$1.65 respectively, from a previous TP of S$1.80.

Ascendas India Trust H2 DPU down 14% to S$0.036

Ascendas India Trust H2 DPU down 14% to S$0.036

ASCENDAS India Trust on Wednesday (Jan 26) posted a distribution per unit (DPU) of S$0.036 for the second half of the fiscal year 2021 ended December, down 14 per cent from a DPU of S$0.0419 in the co...

Ascendas India Trust H2 DPU down 14% to S$0.036

Ascendas India Trust H2 DPU down 14% to S$0.036

ASCENDAS India Trust on Wednesday posted a distribution per unit (DPU) of S$0.036 for the second half of the fiscal year 2021 ended December, down 14 per cent from a DPU of S$0.0419 in the correspondi...

Ascendas India Trust's Q3 net property income rises 8%

Ascendas India Trust's Q3 net property income rises 8%

BUSINESS park landlord Ascendas India Trust posted an 8 per cent increase in net property income to S$39.9 million for the third quarter ended Sep 30, 2021.