CapitaLand Investment Limited (CLI) has announced strategic investments to bolster its logistics capabilities across the Asia Pacific region. The company is making a minority investment in Ally Logistic Property (ALP), a leader in smart logistics infrastructure, and an existing capital partner in the CapitaLand Southeast Asia Logistics Fund (CSLF).
CSLF is committing S$260m to develop OMEGA 1 Singapore, its first automated logistics facility in the city-state. These initiatives are part of CLI’s strategy to expand its logistics platform in high-growth markets such as Australia, Japan, and the United States.
CLI’s investment in ALP aims to leverage ALP’s expertise in logistics automation, enhancing CLI’s fund management and capital-raising capabilities. Patricia Goh, CEO of Southeast Asia and Global Head of Logistics & Self-Storage at CLI, highlighted the region’s rapid growth, stating, “APAC remains the fastest-growing logistics region, with a projected compound annual growth rate of 15.2% between 2024 and 2030.”
The OMEGA 1 Singapore facility, located in Jurong Industrial Estate, will feature advanced technologies like robotics and automated storage systems. Scheduled for completion in 2028, it will offer 71,000 square metres of space and accommodate 60,000 pallet positions. The facility aims to achieve Green Mark GoldPLUS certification for its sustainable design.
CSLF was launched in 2022 and it is expanding its portfolio with projects in Thailand and Vietnam. The fund’s diversification strategy includes a significant site in Thailand and a ready-built factory in Vietnam, both set to enhance regional logistics infrastructure.
