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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, with a total gross floor area of 373,334 sq m. The Portfolio is accessible via various modes of transportation including High Speed Railway Station, Metro Line 1, 3 as well as upcoming Line 6 of Suzhou Rail Transit, which is expected to provide easy access to other parts of Suzhou. Some key tenants in the portfolio includes Beckman Coulter Laboratory Systems, CCL Design Label, TDK (Suzhou) Electronics Co Ltd, Curtiss Wright, Nexteer Automotive (Suzhou) Co., Ltd, and Herbalife Health Products.

2,294.0 Market Valuation1 (RMB million)
97.4% Committed Occupancy1
373,334 Gross Floor Area (sq m)
325 No. of Leases1
61 No. of buildings

1 Data as at 31 December 2021.

  • Property Details
    Address Suzhou Industrial Park, Suzhou City, Jiangsu Province
    苏州工业园区星汉街5号, 苏州
    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
    Year of Opening Xinsu Industrial: 1996-2013;
    Xinsu R&D: Oct 2016
    Number of Leases 325
    Major Tenants Beckman Coulter Laboratory Systems, CCL Design Label, TDK (Suzhou) Electronics Co Ltd, Curtiss Wright, Nexteer Automative (Suzhou) Co., Ltd, and Herbolife Health Products
    Land Use Right Expiry 2046 to 2057
  • Lease Expiry & Trade Sector Analysis
  • Location Map
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