Ascendas India Trust - Annual Report 2016 - page 23

Most Cost
Competitive
sourcing destination
in the world
4
IT engineer salary
6
cheaper than other
low cost destinations
4,5
occupancy costs up to
10x
4
Source: CBRE South Asia Pvt. Ltd.
5
Includes China, Philippines and some Eastern European countries.
6
Computed using March 2016 median salary data from Payscale.com and 31 March 2016 currency exchange rate from Bloomberg.
Strongest
Leasing Demand
on record
4
Top 7 Indian cities
recorded
million sq ft
4
of absorption in 2015
41
The salary of
1
IT engineer in USA
is equivalent to
2
IT engineers in Singapore
13
IT engineers in India
Absorption
by city
4
(million sq ft)
Bangalore
14.3 (35%)
Kolkata
0.6 (2%)
National
Capital Region
8.6 (21%)
Chennai
5.1 (12%)
Pune
4.9 (12%)
Mumbai
4.2 (10%)
Hyderabad
3.3 (8%)
.21
ASCENDAS india trust ANNUAL REPORT
2015/2016
Ove r v i ew
what af f ect s us
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