CapitaLand Investment Limited (CLI) has unveiled a multi-million-pound expansion of its logistics arm, acquiring a minority stake in smart infrastructure specialist Ally Logistic Property (ALP). The move coincides with the announcement of OMEGA 1 Singapore, a S$260 million automated facility set for the Jurong Industrial Estate. As the Asia Pacific logistics market prepares for a projected 15.2 per cent annual growth through 2030, CLI is positioning itself to meet rising demand driven by e-commerce and shifting supply chains.
Savills has appointed Neil Brookes as Executive Managing Director for Asia Pacific Capital Markets, based in Singapore. Mr. Brookes brings over 20 years of experience and has personally brokered more than $15 billion in cross-border deals. The firm is focusing its efforts on connecting international capital with high-growth specialist sectors, including Living and Data Centres.
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