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The latest announcement is out from CapitaLand Investment Limited ( (SG:9CI) ).
CapitaLand Investment Limited has announced a minority investment in Ally Logistic Property, a specialist in modern smart logistics infrastructure in Asia and an existing partner in the CapitaLand Southeast Asia Logistics Fund, to deepen its operational capabilities and accelerate logistics platform growth across Asia Pacific and into markets such as Australia, Japan and the United States. Concurrently, the CapitaLand Southeast Asia Logistics Fund is expanding its portfolio with a S$260 million commitment to develop OMEGA 1 Singapore, an automated logistics facility on a 5.1-hectare site, underscoring the company’s push to capitalise on strong structural demand for automated logistics solutions driven by digital consumption, rising labour costs and supply chain rationalisation across the region.
The most recent analyst rating on (SG:9CI) stock is a Buy with a S$3.65 price target. To see the full list of analyst forecasts on CapitaLand Investment Limited stock, see the SG:9CI Stock Forecast page.
More about CapitaLand Investment Limited
CapitaLand Investment Limited is a leading global real asset manager with a significant presence in Asia Pacific, focusing on logistics, real estate and private funds management. Through its CapitaLand Southeast Asia Logistics Fund and other platforms, the company targets high-growth logistics markets across the region and beyond, including Australia, Japan, Singapore and the United States, with an emphasis on modern, automated logistics infrastructure and smart warehousing solutions.
Average Trading Volume: 10,525,982
Technical Sentiment Signal: Buy
Current Market Cap: S$13.98B
For detailed information about 9CI stock, go to TipRanks’ Stock Analysis page.