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Saturday, June 16, 2007

Moneycontrol India :: :: Ascendas launches $500mn Ascendas India Development Trust ::

The Fund has identified a host of investment opportunities and is in the midst of securing more. The recently announced investments in International Tech Park, Pune and International Tech Park, Nagpur will be executed through the AIDT. Constituted in Singapore as a private trust and denominated in Singapore dollars, AIDT has a term of eight years extendable by two years, and will be managed by Ascendas. In addition, all property related services will be provided by Ascendas to ensure consistent quality and delivery standards.

Moneycontrol India :: News :: Ascendas launches $500mn Ascendas India Development Trust :: :: Press- News :: Ascendas,,business space solutions ,Ascendas India Development Trust

Posted by Ravi Karandeekar at Saturday, June 16, 2007
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