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4
STRATEGY
We make a difference by growing the Trust
through organic development and acquisition.
Development Pipeline
• Since listing, a-iTrust has developed 2.8 million sq ft or 41% of its existing completed space.
• a-iTrust owns vacant land with 2.5 million sq ft of potential built-up area (including Aviator) in the
Special Economic Zone (“SEZ”) within International Tech Park Bangalore.
• The Trust is currently constructing Aviator, a 601,360 sq ft multi-tenanted IT building in International
Tech Park Bangalore. Construction of Aviator is expected to be completed by December 2013.
• The remaining 1.9 million sq ft of potential built-up area will be developed in phases, according
to market demand.
Sponsor Pipeline
• Ascendas India Development Trust (“AIDT”) and Ascendas Land International Pte Ltd (“Sponsor”)
have granted to a-iTrust, Rights Of First Refusal (“ROFR”) to acquire income-producing properties
held or to be acquired by them.
• These agreements provide a-iTrust with a clear pipeline of quality assets to acquire over the next
few years.
• AIDT focuses on developing integrated real estate projects with office, retail and other commercial
components. It has committed equity of S$500 million with target investment size of S$1 billion.
AIDT possesses land with total development potential of 10 million sq ft in key cities such as
Gurgaon, Chennai & Coimbatore.
• The Sponsor owns:
» CyberVale, an IT SEZ in Chennai with 567,480 sq ft of income producing space and 4.3
acres of land (which can be developed into a 371,000 sq ft building).
» International Tech Park Pune, a 2.2 million sq ft development. The first phase of 0.6 million
sq ft was recently completed.
Development Pipeline
Sponsor Pipeline
Third-party Acquisitions
aVance Business Hub Pipeline
Growth
strategy