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Acquire third-party assets
•a-iTrust actively sources for opportunities to acquire income-producing
business space and/or partially completed development projects.
• Cities of interest include Bangalore, Chennai, Hyderabad, Mumbai, Dehli,
Gurgaon and Pune. These cities were chosen because of their sound
infrastructure, sizable pool of talented workforce, and substantial
foreign investments.
•a-iTrust’s investment criteria include:
• Location;
• Tenancy profle;
• Design;
• Clean and marketable land title, and land tenure;
• Rental and capital growth prospects; and
• Opportunity to add value.
•a-iTrust will leverage Sponsor’s presence in India and access to market
information to gain competitive advantage with respect to identifying,
evaluating and acquiring properties.
aVance Business Hub pipeline
•a-iTrust will acquire three future aVance buildings totaling 1.75 million sq ft
individually when completed, subject to required occupancy levels being met
amongst other conditions. Details of expected completion are as follows:
660,000 sq ft building by early 2013;
500,000 sq ft building by end 2013; and
590,000 sq ft building by end 2014.
•a-iTrust has a ROFR to acquire four additional aVance buildings totaling 1.16
million sq ft as and when these properties are offered for sale. Details are as
follows:
228,000 sq ft building;
294,000 sq ft building;
203,000 sq ft building; and
430,000 sq ft building.
Growth strategy
5
2
7
9
4
3
6
1
8
(1) & (2) owned by a-iTrust
A-ITRUST ANNUAL REPORT 2011/2012 15