Full Year 2021 Ascendas India Trust Earnings Presentation Transcript

Jan 26, 2022 / 09:30AM GMT
Presentation
Jan 26, 2022 / 09:30AM GMT

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Corporate Participants
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* Sanjeev Durjhati Prasad Dasgupta
Ascendas India Trust - CEO & Executive Non-Independent Director of Ascendas Property Fund Trustee Pte. Ltd.

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Sanjeev Durjhati Prasad Dasgupta - Ascendas India Trust - CEO & Executive Non-Independent Director of Ascendas Property Fund Trustee Pte. Ltd.

Ladies and gentlemen, thank you for taking time for the 2021 Results Presentation of Ascendas India Trust.

Let me start with some of the key highlights for the year. We reported 5% growth in Sing dollar net property income for the year. Our assets under management grew 18% through a combination of valuation uplift as well as acquisitions. Our portfolio rental reversion despite COVID was 5.5%. We also reported DPU of about SGD 0.078.

We saw good momentum increase in the leasing activity, especially in the last 3 months of the calendar year. It's about 2.8 million square feet leased and renewed during this year. Office

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