Half Year 2022 Ascendas India Trust Earnings Presentation Transcript

Aug 01, 2022 / 09:30AM GMT
Presentation
Aug 01, 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 the time to listen to the webcast of the first half FY 2022 financial results for Ascendas India Trust. I'm pleased to announce that we've seen a good recovery in our occupancy in the first half of the year. Our occupancy is now at 90%. We've also had strong DPU growth in relation to the DPU of the last 6 months. So we are up 19% over second half of FY 2021. Year-on-year, the DPU growth is 2%. Our NPI growth has also been quite healthy at 6%.

In terms of some of the key operational highlights, our occupancy as of the end of June is at 90%. In fact, if you look at the leases that are

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