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 smart logistics infrastructure based in Asia, and an existing capital partner in the CapitaLand Southeast Asia Logistics Fund (CSLF).
This strategic move complements CLI’s wider logistics initiatives and supports its expansion into high-growth markets, including Australia, Japan and the United States, CLI said in a statement.
At the same time, CSLF is also expanding its portfolio with the acquisition of a 5.1-hectare site in Singapore to develop OMEGA 1 Singapore, an automated logistics facility, for an estimated total development cost of S$260 million ($203 million).
“APAC remains the fastest-growing logistics region, with a projected compound annual growth rate of 15.2 percent between 2024 and 2030,
“Structural drivers such as the growth in digitally enabled consumption, ageing population, rising labor costs and supply chain rationalization continue to fuel demand for modern, automated logistics solutions across the region,” said Patricia Goh, Chief Executive Officer, Southeast Asia (SEA) and Global Head, Logistics & Self-Storage, Private Funds, CLI.
“Over the past two years, CLI has deployed approximately S$500 million ($390 million) into logistics developments across Southeast Asia, accelerating the expansion of its regional platform,
“Our partnership with ALP combines their deep expertise in logistics automation with CLI’s capabilities in fund management, capital raising and deal sourcing, enhancing our ability to capture new growth opportunities across the wider APAC region and the United States,” added Goh.
Meanwhile, Charlie Chang, Co-founder and Chief Executive Officer of ALP, said ALP’s end-to-end capabilities, covering real estate development, automation, as well as operations and maintenance, remain a key differentiator for the firm.
“Through our OMEGA platform, we integrate artificial intelligence, advanced robotics and proprietary technology to deliver one-stop smart logistics solutions across the supply chain and reduce operational inefficiencies,
“As we embark on our ambitious expansion across APAC and beyond, we look forward to leveraging CLI’s global resources to accelerate our next phase of growth,” he added.
According to the statement, CSLF will develop its first smart logistics facility in Singapore.
OMEGA 1 Singapore will be located at 19 Gul Lane in the established Jurong Industrial Estate, home to a diverse ecosystem of logistics operators and manufacturers.
It is noted that occupancy in the area has remained consistently strong at above 90 percent over the past decade, and exceeded 96 percent as at end-2024.
With seamless access to major expressways and key infrastructure, including the Tuas Checkpoint, Jurong Port and Tuas Mega Port, the logistics facility is well-positioned to serve as a strategic hub for both domestic and regional distribution.
When completed in 2028, the five-storey facility will have a gross floor area of 71,000 square meters, capable of accommodating approximately 60,000 pallet positions.
OMEGA 1 Singapore will be fully leased to ALP under a long-term master lease with built-in rent escalation, providing CSLF’s investors with stable and growing income.
It will feature state-of-the-art technologies such as robotics, an automated storage and retrieval system and automated guided vehicles to support efficient end-to-end inventory management.
It will also incorporate environmentally friendly design features and sustainable operational processes and targets to achieve Green Mark GoldPLUS certification by the Building and Construction Authority of Singapore.
Launched in 2022, CSLF is CLI’s first SEA logistics-focused fund, established to invest in and develop smart logistics assets across the region.
Following the transaction to develop OMEGA 1 Singapore, the fund’s portfolio will achieve greater geographical diversification, with Singapore accounting for 55 percent of its total assets under management, and the remainder in Thailand and Vietnam.
In 2023, CSLF acquired a 20-hectare site in the Greater Bangkok Metropolitan Area in Thailand for the development of OMEGA 1 Bang Na, a built-to-suit smart logistics campus.
Upon completion, it will be Thailand’s largest standalone logistics campus, offering over 2 million square feet of gross floor area across two buildings with ambient and cold storage capabilities, each equipped with automated storage and retrieval system. Phase 1 of the facility is expected to be completed in mid-2026.
In Vietnam, CSLF’s Ready-Built Factory at Song Khoai Industrial Park in Quang Ninh broke ground in September 2025.
Designed to set new benchmarks for modern industrial infrastructure, the facility will offer plug-and-play spaces that enable manufacturers to reduce upfront capital expenditure, accelerate time-to-market and begin operations seamlessly.
The development will be completed in phases, with full completion expected by the first half of 2026.
Singapore’s CapitaLand invests $700M to develop its first date center in Japan