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The latest update is out from CapitaLand Investment Limited ( (SG:9CI) ).
CapitaLand Investment Limited’s Extra Space Asia is expanding its self-storage footprint with significant investments in Singapore and Tokyo. The company is investing nearly S$100 million in a flagship self-storage facility in Singapore and acquiring three facilities in Tokyo, marking a strategic expansion in key Asian markets. This expansion is part of CLI’s strategy to leverage its fund management capabilities and capture growth opportunities in the Asia Pacific region, driven by urbanization and e-commerce trends.
The most recent analyst rating on (SG:9CI) stock is a Hold with a S$3.00 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 (CLI) is a leading global real asset manager with a focus on self-storage facilities through its platform, Extra Space Asia (ESA). The company is involved in the development and acquisition of self-storage properties across Asia, with a significant presence in Singapore, Japan, South Korea, Taiwan, Malaysia, Hong Kong, and Australia.
Average Trading Volume: 9,305,017
Technical Sentiment Signal: Buy
Current Market Cap: S$13.72B
Find detailed analytics on 9CI stock on TipRanks’ Stock Analysis page.