Page 27 - ar2012

aVance Business Hub
City: Hyderabad
Site area: 2.6 acres
Land tenure: Freehold26
Stake: 100.0%
Floor area owned by a-iTrust: 0.43 million sq ft
Number of buildings owned by a-iTrust: 2 IT Buildings
Occupancy: 100%
Park population: 5,000 people
Valuation as at 31 March 2012: S$47.1 million or INR 1,882 million27
Valuation as at 31 March 2011: NA28
Hyderabad
2633-year lease renewable at the Trust’s option at nominal rates.
27Exchange rate used was S$1 : INR 40.00.
28aVance was acquired in February 2012.
Portfolio overview
A-ITRUST ANNUAL REPORT 2011/2012 25