Ascendas India Trust to buy two properties in Hyderabad for up to $204m

Ascendas India Trust to buy two properties in Hyderabad for up to $204m

Photo: Reuters

Ascendas Property Fund Trustee Pte. Ltd., the trustee-manager of Ascendas India Trust (a-iTrust), on Tuesday announced that it has entered into a forward purchase agreement with Phoenix Ventures Pvt. Ltd. to acquire two buildings in HITEC City, Hyderabad.

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