Ascendas India Trust to acquire portfolio of five buildings from Phoenix Infocity - MarketLine Financial Deals

Ascendas India Trust to acquire portfolio of five buildings from Phoenix Infocity

Ascendas India Trust to acquire portfolio of five buildings from Phoenix Infocity - MarketLine Financial Deals
Ascendas India Trust to acquire portfolio of five buildings from Phoenix Infocity
Published Feb 23, 2011
3 pages — Published Feb 23, 2011
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Abstract:

Ascendas Property Fund Trustee Pte., Ltd., a Singapore-based trustee-manager of Ascendas India Trust (a-iTrust), has entered into an agreement with Phoenix Infocity Private Limited, an India-based property developer, to acquire its portfolio of five buildings in Hitec City 2 Special Economic Zone (SEZ), Hyderabad, India for a total consideration of approximately INR8,547 million ($188.55 million).

  
Source:
Document ID
MA52265_110228
Country
Country
Ticker
CY6U=SG
Format:
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MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

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MLA:
MarketLine Financial Deals. "Ascendas India Trust to acquire portfolio of five buildings from Phoenix Infocity" Feb 23, 2011. Alacra Store. Dec 06, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Ascendas-India-Trust-to-acquire-portfolio-of-five-buildings-from-Phoenix-Infocity-2052-56709>
  
APA:
MarketLine Financial Deals. (2011). Ascendas India Trust to acquire portfolio of five buildings from Phoenix Infocity Feb 23, 2011. New York, NY: Alacra Store. Retrieved Dec 06, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Ascendas-India-Trust-to-acquire-portfolio-of-five-buildings-from-Phoenix-Infocity-2052-56709>
  
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