Ascendas India Trust to buy 1 65 mn sq ft at IT Park in Bengaluru for ₹1,441 cr thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
Certain defined terms This document comprises the Annual Report and Accounts 2020 for The Hongkong and Shanghai Banking Corporation Limited ( the Bank ) and its subsidiaries (together the group ). References to HSBC , the Group or the HSBC Group within this document mean HSBC Holdings plc together with its subsidiaries. Within this document the Hong Kong Special Administrative Region of the People s Republic of China is referred to as Hong Kong . The abbreviations HK$m and HK$bn represent millions and billions (thousands of millions) of Hong Kong dollars respectively. Cautionary statement regarding forward-looking statements This Annual Report and Accounts contains certain forward-looking statements with respect to the financial condition, results of operations and business of the group.
Ascendas India Trust to buy Casa Grande’s project
March 05, 2021
The industrial facility near Chennai is likely to be completed by middle of this year
Ascendas Property Fund Trustee Pte. Ltd, the Trustee-Manager of Ascendas India Trust a-(a-iTrust), has entered into a forward purchase agreement to acquire an under-construction industrial project from Casa Grande Group located at Mahindra World City, Chennai.
Construction of the industrial facility is expected to be completed by mid-2021.
The facility has a net leasable area of about 0.42 million square feet. The facility is fully pre-leased to Pegatron Technology India P Ltd, a wholly-owned subsidiary of Pegatron Corporation. Pegatron Corporation is a listed Taiwanese contract electronics manufacturer, according to a statement.
Ascendas India Trust to acquire IT-SEZ building in Hyderabad from Phoenix Group for Rs 506 crore
Ascendas Property Fund Trustee Pte. Limited, in its capacity as Trustee-Manager of Ascendas India Trust, enters into definitive agreements for the proposed acquisition of aVance 6 at HITEC City in Hyderabad.
Ascendas India Trust said on February 16 that it will acquire an IT-SEZ building in Hyderabad from Phoenix Group for Rs 506 crore.
Ascendas Property Fund Trustee Pte. Limited, in its capacity as Trustee-Manager of Ascendas India Trust, has entered into definitive agreements for the proposed acquisition of aVance 6 at HITEC City, Hyderabad, the company said in a statement.
Ascendas India Trust to buy Hyderabad office building for ₹506 crore
The International Tech Park Bangalore in Bengaluru’s Whitefield area is one of the IT parks set up by Ascendas-Singbridge.
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BENGALURU: Singapore’s Ascendas India Trust (a-iTrust) on Tuesday said it has entered into a definitive agreement to acquire aVance 6, an IT special economic zone (SEZ) building in Hyderabad’s HITEC City.
a-iTrust is buying the commercial office asset of 639,495 sq ft from real estate firm Phoenix IT Infrastructure India Pvt Ltd. Around 98.3% of aVance 6 is leased to Amazon Development Center (India) Pvt Ltd.