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Ascendas India Trust to Acquire 2.26 million sq.ft in IT Park
Ascendas India Trust to Acquire 2.26 million sq.ft in IT Park
R
Ramesh Toomula
Bengaluru
Thu Apr 01 2021
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Ascendas India Trust to Acquire 2.26 million sq.ft in IT Park
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Ascendas India Trust entered into a forwarding purchase agreement with Gardencity Realty Pvt. Ltd to acquire two buildings at IT Park in Bengaluru. The estimated cost including rentals is assessed as INR 1441 crores. The properties have a leasable area of 2.26 million sq. ft. The Singapore-based company will fund the project as a part of its forward agreement.

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Ascendas India Trust to Acquire 2.26 million sq.ft in IT Park
Ascendas India Trust to Acquire 2.26 million sq.ft in IT Park
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