Ascendas India Trust is a property trust. Co. is principally engaged in owning real estate used primarily as business space in India and real estate related assets in relation to the foregoing. Co. may acquire, hold and develop land or uncompleted developments to be used primarily for business space. As at Mar 31 2015, Co.'s portfolio was comprised of six IT parks located in India, namely International Tech Park Bangalore in Bangalore, the International Tech Park Chennai and Cybervale in Chennai, as well as CyberPearl, The V and aVance Business Hub in Hyderabad.
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