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OUR PORTFOLIOAscendas Xinsu Portfolio

The Ascendas Xinsu Portfolio comprises six properties located in different locations covering a range of asset types, including business parks, built-to-suit factories, and ready-built factories. The Ascendas Xinsu Portfolio consists of 61 buildings including R&D and industrial portion. The Portfolio is accessible via various modes of transportation, including High Speed Railway Station and Suzhou Metro Lines 1, 3 and 6. Some key tenants in the portfolio includes TDK (Suzhou) Co., Ltd., Suzhou Kamen Haas Laser Technology Co., Ltd., CCL Design (Suzhou) Co., Ltd., Nexteer Automotive (Suzhou) Co., Ltd, and Herbalife (China) Health Products Co Ltd. The Ascendas Xinsu Portfolio (R&D) portion attained its green certification in 2024 while 4 blocks of the industrial portion attained green certification in 2025.

  • Property Details
    Address Suzhou Industrial Park, Suzhou, Jiangsu Province
    江苏省苏州市苏州工业园区星汉街5号
    Description Ascendas Xinsu Portfolio consists of 61 buildings including R&D and industrial portion. The R&D portion forms part of Ascendas Xinsu Square, comprising six business park office buildings with retail ancillaries.

    The industrial portion includes 50 single-storey workshops with mezzanine floors and five four-to-six-storey workshops, located in six different properties (Ascendas Xinsu Square, Ascendas Xinsu North Belt, NIO Delivery Centre, Semi Detached Factory in EPZ, Nexteer BTS Phase 1 and 2, and Ascendas Xinsu Industrial Square II).
    Gross Floor Area (GFA) (sq m) 373,334
    Year of Acquisition 2021
    Property Valuation1 RMB 2,340.0 million
    Committed Occupancy2 95.3%
    Number of Leases2 328
    Land Use Right Expiry 2046 to 2057

    1 Data as at 31 December 2025.
    2 Based on all committed leases as at 31 December 2025.

  • Lease Expiry & Trade Sector Analysis
  • Location Map
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