CapitaLand Investment Limited (CLI)a Singapore-based real estate asset manager, on Thursday announced two initiatives as part of its broader strategy to deepen logistics expertise and accelerate platform growth in the Asia-Pacific (APAC) region.
Reflecting its confidence in the long-term fundamentals of the logistics sector, CLI strengthens its operational capabilities through a minority investment in Ally Logistic Property (ALP), a pioneer of modern smart logistics infrastructure based in Asia, and an existing financial partner in the CapitaLand Southeast Asia Logistics Fund (CSLF).
The strategic move complements CLI’s broader 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% between 2024 and 2030.
“Structural factors such as growing digital consumption, aging population, rising labor costs and supply chain streamlining continue to fuel demand for modern and automated logistics solutions in the region,” said Patricia Goh, Managing Director, Southeast Asia (SEA) and Global Head, Logistics and Self-Storage, Private Funds, CLI.
“Over the past two years, CLI has deployed approximately S$500 million ($390 million) in logistics developments in 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 in the broader APAC region and the United States,” added Goh.
Meanwhile, Charlie Chang, co-founder and CEO of ALP, said ALP’s end-to-end capabilities, spanning real estate development, automation, and operations and maintenance, remain a key differentiator for the company.
“Through our OMEGA platform, we integrate artificial intelligence, advanced robotics and proprietary technology to provide intelligent one-stop logistics solutions across the supply chain and reduce operational inefficiencies.
“As we embark on our ambitious expansion across the APAC region and beyond, we look forward to leveraging CLI’s global resources to accelerate our next phase of growth,” he added.
According to the release, 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 Zone, home to a diverse ecosystem of logistics operators and manufacturers.
It is worth noting that the occupancy rate in the area has remained consistently strong, above 90 percent over the past decade, and exceeded 96 percent by the end of 2024.
With seamless access to major highways and key infrastructure, including Tuas Checkpoint, Jurong Port and Tuas Megaport, the logistics facility is well positioned to serve as a strategic hub for national and regional distribution.
When completed in 2028, the five-story facility will have a gross floor area of 71,000 square meters, capable of accommodating approximately 60,000 pallet locations.
OMEGA 1 Singapore will be fully leased to ALP under a long-term master lease with built-in rental escalation, providing CSLF investors with stable and growing income.
It will feature cutting-edge technologies such as robotics, automated storage and retrieval system and automated guided vehicles to support efficient end-to-end inventory management.
It will also incorporate eco-friendly design features and sustainable operational processes and objectives to achieve Green Mark GoldPLUS certification by the Building and Construction Authority of Singapore.
Launched in 2022, CSLF is CLI’s first logistics-focused SEA fund, created to invest and develop smart logistics assets in the region.
Following the transaction to develop OMEGA 1 Singapore, the fund’s portfolio will benefit from greater geographic diversification, with Singapore accounting for 55 per cent 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 of Thailand for the development of OMEGA 1 Bang Na, a custom-built smart logistics campus.
Once completed, it will be Thailand’s largest self-contained logistics campus, offering more than 2 million square feet of gross floor space across two buildings with ambient and refrigerated storage capabilities, each equipped with an automated storage and retrieval system. Phase 1 of the facility is expected to be completed in mid-2026.
In Vietnam, CSLF’s ready-to-use factory located in Song Khoai Industrial Park in Quang Ninh began construction in September 2025.
Designed to set new benchmarks in modern industrial infrastructure, the facility will offer plug-and-play spaces that will enable manufacturers to reduce their upfront capital expenditure, accelerate time to market and start operations seamlessly.
The development will be completed in phases, with full completion expected by the first half of 2026.
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