January 8, 2026 -- CapitaLand Investment Limited (CLI), a leading global real asset manager, today announced 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.

CapitaLand Investment is driving its next phase of logistics growth with strategic investments across Asia Pacific with minority investment in Ally Logistics Property, and acquisition of a 5.1-hectare site to develop OMEGA 1 Singapore, CapitaLand SEA Logistics Fund’s first automated logistics facility in Singapore. Pictured from left to right: Charlie Chang, Co-Founder and CEO of ALP; Joseph Tsai, Co-Founder of ALP; Lee Chee Koon, Group CEO of CLI; Patricia Goh, CEO of Southeast Asia and Global Head of Logistics & Self-Storage, Private Funds at CLI.
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.
Mr Charlie Chang, Co-founder & CEO of ALP, said: “We are excited to extend our longstanding relationship with CLI through this strategic investment. ALP’s end-to-end capabilities, covering real estate development, automation, as well as operations and maintenance, remain a key differentiator for us. 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.”
In brief
CapitaLand Investment (CLI) announced a minority investment in Ally Logistic Property (ALP) and said its CapitaLand Southeast Asia Logistics Fund (CSLF) has acquired a 5.1-hectare Singapore site for OMEGA 1 Singapore. The planned automated logistics facility at 19 Gul Lane is estimated to cost S$260 million to develop. CLI says the five-storey building is scheduled for completion in 2028 and is designed for about 60,000 pallet positions. ALP will lease the facility under a long-term master lease. The development will use automation technologies and is targeting Green Mark GoldPLUS certification. After the transaction, Singapore is expected to represent 55% of CSLF’s assets under management, with the remainder in Thailand and Vietnam. CLI also described ongoing logistics developments in Thailand and Vietnam.
Key takeaways
- CLI announced a minority investment in ALP to strengthen its logistics capabilities.
- CSLF acquired a 5.1-hectare Singapore site for the OMEGA 1 Singapore facility.
- The project has an estimated development cost of S$260 million and is planned for completion in 2028.
- ALP will lease the facility under a long-term master lease, according to the release.
CSLF to 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. Occupancy in the area has remained consistently strong at above 90% over the past decade, and exceeded 96% as at end-20242.
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 metres, 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.

Artist's impression of OMEGA 1 Singapore
CSLF’s portfolio
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% 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 1H 2026.
Footnotes:
1. Grandview Research – “Asia Pacific Smart Warehousing Market Size & Outlook”
2. CBRE data, 2025
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At a glance
- Company
- CapitaLand Investment Limited
- Announcement
- Expansion
- Location
- Singapore
Key figures
- Singapore site area
- 5.1 hectares
- Estimated development cost
- S$260 million
- Planned gross floor area
- 71,000 square metres
- Approximate pallet capacity
- approximately 60,000 pallet positions
- Expected completion
- 2028
- Singapore share of CSLF assets under management after the transaction
- 55%
People
- Charlie ChangCo-founder and CEO of ALP
- Joseph TsaiCo-founder of ALP
- Lee Chee KoonGroup CEO of CLI
- Patricia GohCEO of Southeast Asia and Global Head of Logistics & Self-Storage, Private Funds at CLI
Products and programs
Earlier from CapitaLand Investment Limited
- CapitaLand India Data Centre Fund to acquire 20.2% interest in three data centres for S$99.73 million
- CapitaLand Investment exceeds equity target, raising over US$650 million with final close of CapitaLand Ascott Residence Asia Fund II
- CapitaLand Investment enters three-year partnership with Health Promotion Board to champion healthier living in Singapore
- CapitaLand Investment, and its listed and private funds, strengthen ESG leadership positions in 2025 GRESB Real Estate Assessment
- CapitaLand Investment secures additional investor commitments for its value-add CapitaLand Ascott Residence Asia Fund II