In August 2007, Arcapita invested in The Ascendas India Development Trust, which is an India-specific private real estate trust set up to undertake mixed/multi-use development projects serving high-growth sectors in selected cities in Southern India. The Trust invested in multi-use integrated development projects, including Special Economic Zones. The primary activity of the Trust was the development of the business parks. The Trust also developed residential property, retail, hotel, recreation and other ancillary uses that support the business park development.

Investment Type

Real Estate



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