Ascendas Firstspace

Ascendas Firstspace is a leading joint venture between Ascendas, a member of CapitaLand Group, and Firstspace Realty, an Indian partner with deep expertise in industrial real estate. The company was established to address India’s growing demand for modern logistics and industrial infrastructure by delivering state-of-the-art warehousing and manufacturing facilities across key hubs.

Our Presence & Capabilities

With a pan-India network, Ascendas-Firstspace develops and operates best-in-class logistics and industrial parks in major cities, including Mumbai, NCR, Pune, Chennai, Bangalore, and Kolkata. Our projects are strategically located near major roads, rail networks, airports, and seaports, enabling efficient distribution and seamless connectivity for our clients.

Strategic Growth Plans

Ascendas Firstspace aims to develop a portfolio of 50 million sq. ft. of logistics and industrial space by 2030. This ambitious growth plan strengthens our position as a key player in India’s industrial real estate sector, offering scalable and flexible solutions to meet evolving business needs.

Part of the CapitaLand Group

Ascendas Firstspace benefits from the backing of CapitaLand Group, one of Asia’s largest diversified real estate companies. Headquartered in Singapore, CapitaLand has a presence in over 270 cities across 40+ countries, with expertise in real estate investment, development, and management.

As a responsible real estate group, CapitaLand prioritizes sustainability and long-term value creation, contributing to the environmental and social well-being of the communities it serves.