Chennai

The acquisition is said to be accretive to DPU by 0.04 cents.

SINGAPORE (Jan 3): Ascendas-Singbridge Group has acquired a 12.2-acre site in Chennai for an undisclosed sum from GSquare Group, making it Ascendas-Singbridge’s sixth property in the city.

SINGAPORE (Jan 31): Ascendas India Trust has reported a distribution per unit of 1.42 cents for 3QFY17, a 5% increase from 3QFY16.

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.