Announces definitive agreements for the proposed acquisition of Casa Grande-Phase 1 in Chennai.

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Announces definitive agreements for the proposed acquisition of Casa Grande-Phase 1 in Chennai.

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Ascendas India Trust - Catching the Indian tailwind
Ascendas India Trust ā Catching the IndianĀ tailwind
3Q15 DPU of 1.16 Scts in line
Near-term boost from appreciating INR
Further uplift from new Hyderabad development
Maintain BUY, TP raised to S$0.95
3Q15 DPU of 1.16 Scts (+6% y-o-y) in line In INR terms, Ascendas India Trust 3Q15 revenues grew 6% y-o-y to INR 1.5bn. The stronger performance was due to contribution from the Aviator, which became operational in Janā14 supported by higher revenusā¦
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Ascendas India Trust Ready to take off
Ascendas India Trust Ready to takeĀ off
Acquisition of BlueRidge Phase II a 1.5m sq ft IT property in Pune for up to INR6.4bn (S$133m)
Total operating space to increase to 9m sq ft from 7.5m sq ft, exposure lifted to four key Indian IT hubs
Potential 1-9% upside to FY15-17F DPU
Upgrade to BUY, TP raised to S$0.87
Deploying capital to use. Ascendas India Trust (a-iTrust) announced the acquisition of BlueRidge Phase II, a 1.5m sq ft ITā¦
View On WordPress
Ascendas India Trust Ready to take off
Ascendas India Trust Ready to takeĀ off
Acquisition of BlueRidge Phase II a 1.5m sq ft IT property in Pune for up to INR6.4bn (S$133m) Total operating space to increase to 9m sq ft from 7.5m sq ft, exposure lifted to four key Indian IT hubs Potential 1-9% upside to FY15-17F DPU Upgrade to BUY, TP raised to S$0.87
Deploying capital to use. Ascendas India Trust (a-iTrust) announced the acquisition of BlueRidge Phase II, a 1.5m sq ftā¦
View On WordPress