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Ascendas India Trust investing $161m for phase one of India data centre campus


Ascendas India Trust investing $161m for phase one of India data centre campus
Artist impression of Ascendas India Trust’s first data centre campus in India.
July 5, 2021
Singapore’s Ascendas Property Fund Trustee Pte Ltd, the trustee-manager of Ascendas India Trust (a-iTrust), announced that it will be investing Rs1,200 crore ($161 million) to develop and operate phase one of its first data centre campus in India.
The campus, which will be one of the largest data centre campuses in Airoli, a growing data centre hub in Navi Mumbai, will be developed in a 6.6-acre greenfield site. It will have a total potential built-up area of up to 575,000 square feet and 90 megawatts of power. ....

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Ascendas India Trust buys 5th Hyderabad building, to fund delayed construction of another


The Straits Times
Ascendas India Trust will purchase aVance 6 from Phoenix Infocity for $92.03 million.PHOTO: ASCENDAS INDIA TRUST
Michelle Zhu
PublishedFeb 16, 2021, 10:04 am SGT
https://str.sg/JHpd
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including the ST News Tablet worth $398. ....

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Ascendas India Trust to buy Hyderabad office building for ₹506 crore


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. ....

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