Ascendas, a member of CapitaLand Limited
A Leading Business Space Solutions Provider
Ascendas, a leading business space solutions provider, is a member of CapitaLand Limited (CapitaLand), one of Asia’s largest diversified real estate groups. Headquartered and listed in Singapore, CapitaLand owns and manages a global portfolio worth over S$103 billion as at 31 March 2019. CapitaLand’s portfolio spans across diversified real estate classes which includes commercial, retail; business park, industrial and logistics; integrated development, urban development; as well as lodging and residential. With a presence across more than 190 cities in over 30 countries, the Group focuses on Singapore and China as its core markets, while it continues to expand in markets such as India, Vietnam, Australia, Europe and the USA.
CapitaLand has one of the largest real estate investment management businesses globally. It manages eight listed real estate investment trusts (REITs) and business trusts as well as over 20 private funds. Since it pioneered REITs in Singapore with the listing of CapitaLand Mall Trust in 2002, CapitaLand’s REITs and business trusts have expanded to include Ascendas Reit, CapitaLand Commercial Trust, Ascott Residence Trust, CapitaLand Retail China Trust, Ascendas India Trust, CapitaLand Malaysia Mall Trust and Ascendas Hospitality Trust (a stapled group comprising Ascendas Hospitality REIT and Ascendas Hospitality Business Trust).
In India, CapitaLand has a strong presence with a portfolio of 25 business and IT parks, industrial, lodging and logistics properties across eight cities – Bangalore, Chennai, Goa, Gurgaon, Hyderabad, Mumbai, Pune and Sri City.
The Group is a key contributor to India’s IT industry development, having pioneered the renowned International Tech Park Bangalore in 1994. CapitaLand is part of a Singapore consortium appointed as master developer of the 684-hectare Amaravati Capital City Start-Up Area that is designated as the Central Business District for Amaravati, the capital city of Andhra Pradesh.
CapitaLand has deep expertise in India across the full real estate value chain - from owning, developing and managing properties to fund management through Ascendas India Trust and private funds.
Logistics Footprint
CapitaLand has a robust logistics and industrial real estate footprint in the region with a strong track record in Built-to-suit and Ready-built solutions
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104 properties |
3.2 million sq m of managed space |
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S$ 6.3 billion Assets Under Management |
8 cities across Singapore, Australia, China, Malaysia and India |
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~220 multinational customers |
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India Presence
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Pioneered IT parks in India in 1994 |
SGD 2.2 billion1 AUM across funds, including Asia’s first listed Indian property trust |
200 local employees across 5 tier-1 cities |
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12.4 million sq ft of operational space, 11 million sq ft development potential1 |
110,000 people work in our parks |
260+ clients across our parks |
1 As at 31 Mar 2017
