JLG Capital and Kasumigaseki Capital Malaysia have signed a Memorandum of Understanding to explore advanced cold-chain and automated logistics infrastructure in Malaysia. The partnership aims to evaluate joint ventures for developing and operating temperature-controlled warehouses, including frozen and chilled storage assets. The initiative supports Malaysia's New Industrial Master Plan 2030 by introducing automated technologies to strengthen local supply chain efficiency and industrial performance.
Logistic Properties of the Americas has agreed to sell income-producing assets at Parque Logístico Calle 80 in Bogotá to Bancolombia for COP 500 billion (around US$152 million). The all-cash deal brings LPA's 2026 asset dispositions to over US$300 million. LPA will retain management duties and fully serviced land with buildable capacity for 1.08 million square feet.
Global investment firm KKR has agreed to sell Japan's Central Tank Terminal Co., Ltd. and Korea's Central Terminal Korea Co., Ltd. to institutional investors. Having acquired CTT in 2021 and CTK in 2023, KKR expanded both bulk storage platforms across Asia. The infrastructure transactions remain subject to customary closing conditions, with financial details unrevealed.
CapitaLand Investment and Ally Logistic Property have broken ground on OMEGA 1 Singapore, a S$260 million logistics development situated in Gul Lane. Set for completion in the second half of 2028, the facility integrates physical real estate with automated systems and artificial intelligence. Funded through the CapitaLand Southeast Asia Logistics Fund, the smart hub aims to enhance regional supply chain resilience and address local land and labour constraints.
Autonomous Solutions, Inc. (ASI) has partnered with SoftBank Group to form a new joint venture aiming to scale autonomous construction equipment for major infrastructure developments. Supported by SoftBank's financial backing alongside a separate $225 million direct investment, the venture will accelerate the commercialisation of hardware and software solutions that allow mixed fleets of heavy machinery from various manufacturers to operate autonomously across complex job sites.
KKR has committed $350 million from its Asset-Based Finance strategy to launch Akrapoint Commercial Capital. The mid-ticket equipment finance company will provide solutions for small and middle-market businesses in sectors such as manufacturing, construction and transportation. Led by Chief Executive Officer Nate Smith and Board Chair Gary Shivers, the platform targets growing demand for vocational assets, speciality trailers and industrial equipment across the US.