Overv i ew
what af f ect s us
what we do
our p e r formance
portfolio
Property
International
Tech Park
Bangalore
(¡°ITPB¡±)
International
Tech Park
Chennai
(¡°ITPC¡±)
CyberVale
(¡°CV¡±)
City
Bangalore
Chennai
Chennai
Site Area (acres)
68.5
15.0
18.2
Land Tenure
Freehold
Freehold
99 years
1
Stake
93%
3
89%
4
100%
Floor Area Owned by a-iTrust
(million sq ft)
3.4
2.0
0.8
Number of Buildings
9
3
3
Park Population
39,400
22,550
7,110
Development Potential of Land Bank
(million sq ft)
2.86
¨C
0.37
Committed Occupancy
94%
100%
87%
Purchase Price
( million)
13,670
5,533
2,413
5
(S$ million)
6
478.5
193.7
51.5
5
March 2015 Valuation
( million)
20,671
11,809
1,653
(S$ million)
7
456.8
261.0
36.5
March 2016 Valuation
( million)
23,761
13,332
2,522
8
(S$ million)
9
484.7
272.0
51.4
1
99-year lease renewable for further 99-year as provided in the lease deed.
2
33-year lease renewable for further 33-year leases at the Trust¡¯s option at nominal rates.
3
Remaining 7.2% owned by Karnataka Industrial Area Development Board.
4
Remaining 11.0% owned by Tamil Nadu Industrial Development Corporation Limited.
5
Includes total investment/purchase consideration for newly acquired building.
6
Based on exchange rate of S$1: 28.6 for ITPB, ITPC, The V and CP, S$1: 39.4 for aVance 1 and 2, S$1: 46.7 for aVance 3,
S$1: 46.0 for Lakeview and Springfield in CV and S$1: 48.8 for the third building in CV.
7
Based on exchange rate of S$1: 45.2.
8
Includes the valuation of newly acquired building.
9
Based on exchange rate of S$1: 49.0.
.8
ASCENDAS india trust ANNUAL REPORT
2015/2016