CapitaLand Investment buys Jurong site to build $260 million automated logistics facility

CapitaLand Investment buys Jurong site to build $260 million automated logistics facility

CapitaLand Investment (CLI) is developing a $260 million automated logistics hub in Singapore, featuring robotics and smart systems. Read more at straitstimes.com.

CapitaLand Invests in ALP, Plans Singapore Logistics Project

Singapore’s CapitaLand Investment has acquired a minority stake in Taiwan-based builder Ally Logistic Property, with the companies announcing plans to develop an automated warehouse in the city-state with an estimated project cost of S$260 million ($202.6 million). Known as Omega... Read More>> The post CapitaLand Investment Buys Minority Stake in ALP, Takes On $203M Singapore Shed Project appeared first on Mingtiandi.

CapitaLand backs smart logistics infrastructure firm ALP

CapitaLand Investment Limited (CLI), a Singapore-based real asset manager, announced Thursday two initiatives as part of its broader strategy to deepen logistics expertise and accelerate platform growth across Asia Pacific (APAC). Reflecting its confidence in the long-term fundamentals of the logistics sector, CLI is strengthening its operational capabilities through a minority investment in Ally Logistic Property (ALP), a pioneer in modern smar…

CapitaLand Investment to develop first smart logistics facility in Singapore

CapitaLand Investment (CLI) will develop its first smart logistics facility, OMEGA 1 Singapore, as part of its next phase of logistics growth across Asia Pacific. According to a Jan 8 release, the facility comes alongside the company’s acquisition of a minority stake in Ally Logistic Property (ALP), a pioneer in modern smart logistics infrastructure based in Asia. ALP is also an existing capital partner in the CapitaLand Southeast Asia Logistics…

CLI fund buys 5-hectare Jurong site to build S$260 million automated logistics facility

71,000 sq m facility set for completion in 2028; CLI also takes minority stake in smart logistics firm Ally Logistic Property