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Bangalore
REITs
CapitaLand India Trust in $201 million forward purchase of development in Bangalore
CLINT describes the Outer Ring Road as Bangalore’s largest office micro-market.
January 18, 2023
M&A
Ascendas India Trust enters forward purchase agreement for two buildings in Bangalore
The two buildings have a total net leasable area of up to 1.65 million square feet.
March 29, 2021
Property
Keppel Land in JV to develop its first commercial property in India
SINGAPORE (Oct 1): Keppel Land, the property arm of Keppel Corporation, is developing its first commercial property in India through a joint venture.
October 01, 2018
Results
Ascendas India Trust posts 1.42 cents DPU for 3Q
SINGAPORE (Jan 31): Ascendas India Trust has reported a distribution per unit of 1.42 cents for 3QFY17, a 5% increase from 3QFY16.
January 31, 2017
Broker's Calls
This trust still has plenty of room to grow in India
SINGAPORE (Oct 27): DBS Group Research is maintaining its “buy” rating on Ascendas India Trust with a higher target price of $1.13 despite declaring a 2Q DPU of 1.37 cents, unchanged from a year ago due to the depreciation of the IDR against the SGD.
October 27, 2016
Results
Ascendas India Trust posts unchanged DPU of 1.37 cents for 2Q
SINGAPORE (Oct 25): Ascendas India Trust has declared a 1.37 cents distribution per unit for 2QFY17, unchanged from a year ago.
October 25, 2016
Uber aims to unseat Ola in US$10 bil India ride-hailing market
BANGALORE (Oct 10): Uber Technologies Inc unveiled its first-ever brand campaign in India last month with a video showing a tense Uber driver navigating gridlocked streets as he rushes to drop off a little girl to her school on exam day. In a Bollywood-
October 10, 2016