Asendas India Trust acquires Hyderabad IT property for $45.8m

Asendas India Trust acquires Hyderabad IT property for $45.8m

aVance3, Hyderabad

Ascendas India Trust (a-iTrust) has completed the acquisition of  aVance 3, a multi-tenanted IT building with total floor area of 682,900 sq ft, in Hyderabad.  a-iTrust paid S$63 million (US$45.8 million) for aVance 3, whose anchor tenants include multi-national corporations such as United Healthcare Group and ValueLabs

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