Ascendas

Ascendas

Real Estate

Ascendas is now CapitaLand, one of Asia's largest diversified real estate groups.

About us

CapitaLand Group (CapitaLand) is one of Asia’s largest diversified real estate groups. Headquartered in Singapore, CapitaLand’s portfolio spans across diversified real estate classes which include integrated developments, retail, office, lodging, residential and new economy sectors such as business parks, industrial, logistics and data centres. With a presence across more than 250 cities in over 30 countries, the Group focuses on Singapore and China as its core markets, while it continues to expand in markets such as India, Vietnam, Australia, Europe and the USA. Within its ecosystem, CapitaLand has developed an integrated suite of investment management and operating capabilities that supports its real estate businesses and platforms in building core competencies across the real estate value chain. With this full stack of capabilities, CapitaLand can optimise the strategies of its listed real estate investment management business CapitaLand Investment (www.capitalandinvest.com) , and its privately held property development arm CapitaLand Development; to drive competitive advantage for its businesses. CapitaLand places sustainability at the core of what it does. As a responsible real estate company, CapitaLand contributes to the environmental and social well-being of the communities where it operates, as it delivers long-term economic value to its stakeholders. In India, CapitaLand has a strong presence of business and IT parks, industrial, lodging and logistics properties. The Group is a key contributor to India’s IT industry development, having pioneered the renowned International Tech Park Bangalore in 1994. CapitaLand has deep expertise in India across the full real estate value chain - from owning, developing, and managing properties to fund management through Ascendas India Trust and private funds.

Website
http://www.capitaland.in
Industry
Real Estate
Company size
10,001+ employees
Headquarters
India
Type
Public Company
Specialties
Real Estate Developer (Business Spaces), Property & Estate Management, Development & Project Management, Fund Management, Real Estate Investments, Tech Parks, Logistics & Warehousing, Hospitality, Service Apartments, Commercial Office Space, DataCentre, and DataCentre

Locations

Employees at Ascendas

Updates

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    52,369 followers

    A collaboration for safety. At CapitaLand, the safety and wellbeing of our valued tenants are paramount. #CapitaLandHyderabad, in collaboration with the Telangana State Disaster Response and Fire Services Department, successfully conducted five consecutive emergency building evacuations at three of our parks in Hyderabad (#ITPH, #CyberPearl, and #aVance). The overwhelming response resulted in the successful evacuation of approximately 14,500 parkites to safe assembly areas. We extend our sincere appreciation to the Telangana State Disaster Response and Fire Services Department for their proactive participation, aiding us in our disaster response preparedness. We also thank our valued tenants for their active involvement in these crucial safety activities at our parks. #SafetyFirst #Collaboration #CommunitySafety #EmergencyPreparedness

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    India is a hotspot for DC investments. With growing digital services sectors, strong government support, and robust long-term economic prospects, the country’s DC industry is poised for long-term growth. "India’s DC industry has seen increasing interest from institutional investors and has a long runway for further growth. With CLI’ s 30 years of experience in India, we have the capabilities and a deep understanding of the local market. We have a dedicated team of DC experts in India and are currently developing four DCs across the key markets of Mumbai, Bengaluru, Chennai and Hyderabad with a total gross power of 244 megawatts," said Sanjeev Dasgupta. It will be crucial for investors to collaborate with an expert partner who can navigate the country’s regulatory complexities to tap into the wealth of opportunities in India’s DC sector. For more insights, read: https://bit.ly/PerAPACDC #CLIResearch #DataCentres #India Wayne Teo

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    146,283 followers

    🤝⚽CapitaLand Investment’s (#CLI) wholly owned lodging business unit The Ascott Limited (Ascott) has scored several major milestones in the European market as it accelerates its global expansion strategy. This includes Ascott’s addition of six new properties to its European portfolio, marking the debut of 𝙏𝙝𝙚 𝙐𝙣𝙡𝙞𝙢𝙞𝙩𝙚𝙙 𝘾𝙤𝙡𝙡𝙚𝙘𝙩𝙞𝙤𝙣 brand and expansion of the 𝙡𝙮𝙛 brand in the region. These new signings will boost Ascott’s portfolio in Europe by 14% to about 8,000 units across six brands, and extend Ascott’s presence in the region to 29 cities from 24. Of note is Ascott’s strategic multi-year partnership with Chelsea Football Club (Chelsea), becoming the 𝙊𝙛𝙛𝙞𝙘𝙞𝙖𝙡 𝙂𝙡𝙤𝙗𝙖𝙡 𝙃𝙤𝙩𝙚𝙡𝙨 𝙋𝙖𝙧𝙩𝙣𝙚𝙧 of the English Premier League club, where Ascott will assume management of the 232-unit stadium hotels at London’s Stamford Bridge, home of Chelsea, from 2H 2024. To be rebranded as lyf Stamford Bridge London in 2H 2025, the properties will be an anchor showcase of Ascott’s hospitality to Chelsea fans from around the world. Mr Kevin Goh, CEO for CLI Lodging and Ascott, said: “Europe plays a key role in Ascott’s expansion plans. The diverse and dynamic nature of its hospitality sector offers plenty of scope for Ascott to drive more successful partnerships with owners. With five of the six new signings in Europe year to date being conversion projects, Ascott’s established suite of conversion capabilities has already been proven effective in gaining the confidence of property owners. We expect franchise management to be our next pillar of growth in Europe, where market conditions are conducive for this business segment. For our existing owners, we will continue to deliver sustained value by embarking on asset enhancement initiatives that elevate the stay experiences of guests.” Mr Ngor Houai LEE, COO for Europe, Middle East, Africa, South Asia and China, Ascott, added: “Our European portfolio has been delivering strong performance, driving average daily rates of almost 30% higher than pre-pandemic levels. In 2023, our properties in Europe far exceeded all other markets in terms of revenue per available unit and contributed to almost 16% of Ascott’s global revenue. By expanding and strengthening Ascott’s presence in some of Europe’s key markets, we will be better positioned to capture the growth opportunities in Europe and contribute to the region’s thriving tourism sector.” For more information on the announcement, read: https://lnkd.in/gC_N2PMe The Ascott Limited #ChelseaFC #GameOnStayOn #Hospitality #LoyaltyProgramme Chelsea Football Club

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    Meeting and staying in touch are key to our partnerships in Chennai! Last week, we had an incredible time connecting with our property consultant partners over high tea at International Tech Park Chennai, Radial Road (#ITPCRR). It was a pleasure showcasing the asset and exploring exciting opportunities for collaboration. #CapitaLandIndia #InternationalTechParks #Networking CBRE Cushman & Wakefield JLL India Savills India Knight Frank India Cityinfo Services Pvt. Ltd. Deviprasad Rao, Shaju Thomas, Sridhar Srinivasan, Gururaja S J, Amarnath Sarangan, Arun Kumar, Saravanan S, Kumaran Ramalingam, MRICS Deon Rozario, Vauhini Das, MRICS Jacob Chacko

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    CapitaLand India Trust (CLINT) has been assigned their first ‘BBB-’ rating with stable outlook by @Fitch Ratings.   The rating is underpinned by CLINT’s high-quality portfolio of business parks with Grade A offices in India, which is expected to sustain high occupancy rates and positive rental reversions amid strong demand for IT outsourcing services. Key rating drivers include an established record of prudently managing development risks, maintaining a healthy capital structure with gearing of below 40% and an experienced asset-management team backed by its sponsor CapitaLand Investment to manage execution risk.   Read more: https://bit.ly/CLINTBBB   #CLINT #India #businessparks

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    Gajendra Singh joins us as the Regional Head - Leasing (North and East) India. With over two decades of diverse experience, Gajendra brings our team a unique blend of military precision and real estate expertise.   Gajendra began his remarkable career as an officer in the Indian Army, where he excelled in strategic planning; Transitioning to the real estate sector, Gajendra made significant impacts at organisations like Yes Bank, Walmart India, Knight Frank, and RMZ Corp.   Gajendra will lead our Leasing Team for all existing and future Industrial & Logistics assets in North and East India in his new role. Join us in giving a warm welcome to Gajendra Singh! We are thrilled to have him on board and look forward to the incredible contributions he will make to #AscendasFirstspace. Aloke Bhuniya, Tapan Bhatt, Nilesh M., Harish Kumar

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    🏃♂️ 🏃♂️ 🏃♂️The CapitaLand Mirchi Neon Run held at the newly launched International Tech Park Chennai, Radial Road (#ITPCRR), was the ultimate blend of a fun run, fitness, and music amidst neon lights and bustling energy. Participants crossed the finish line into an epic after-party on the main stage with live DJs, neon lights, and vibrant energy lighting up the night. ITPC Radial Road is already creating a buzz in the city with its first of many exciting events. Watch out for more! #chennai #CapitaLandIndia #InternationalTechParks #Chennai #Community #Fitness #Fun

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    Conversations about #HumanResources of the future. CapitaLand Bangalore, in partnership with Unbox Experiences, successfully conducted HR Connect – an inspiring workshop on innovation in the HR industry using design thinking. This collaborative event, held at International Tech Park Bangalore #ITPB, brought together #HR professionals from various organizations. Participants explored new ways to drive change and foster creativity within their workplaces. The experiential learning activities were designed to upgrade HR practices and build connections beyond work. For us, it was another platform to bring the community together! ✨ #Innovation #DesignThinking #UnboxExperiences #FutureOfHR Capitaland India BP HR

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    Exciting Moments from the 6th #ASSOCHAM India Smart Datacenters & Cloud Infrastructure Summit and Awards 2024. We were honoured to be a part of an event that brought together industry leaders to discuss the future of data centres in India. The summit highlighted the sector's incredible growth and the potential for India to become a global data hub. Surajit Chatterjee, Co-Chair, ASSOCHAM National Council on Datacentre, shared some compelling insights on the sector’s growth. He noted how data centre capacity has surged from 350 MW pre-COVID to over 800 MW, with an expected rise to over 1,600 MW by 2026. This growth emphasizes India's potential as a key player in the global data market. The event also saw the launch of a pivotal report, "The Strategic Role of Data Centres in Empowering India’s Digital Revolution," prepared by ASSOCHAM (The Associated Chambers of Commerce and Industry of India) and PwC. CapitaLand Data Centre is proud to be recognized by the jury with the "Innovative Data Centre Design & Build Award" for our DC Projects. This award is a testament to our commitment to creating future-ready data centres. A big thank you to everyone who made this event a success. Let’s continue working together to harness the power of data and drive India’s digital revolution. #CapitaLandDC #CLDC #DataCenters #Colocation #BuildToSuit #DigitalIndia #CapitaLandDataCentre #Innovation

    • Surajit Chatterjee, MD, Data centre, CapitaLand Investment, India | Co-Chair, ASSOCHAM National Council on Datacentre during his Keynote address.
    • Industry leaders discussing the future of data centres in India.
    • Lighting of the Lamp
    • CapitaLand DC Team accepting the recognition for "Innovative Data Centre Design & Build Award" for our DC Projects.

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