CapitaLand Investment Limited ( (SG:9CI) ) has issued an announcement.
CapitaLand Investment Limited has announced its first data center development in Japan, investing over S$900 million in a freehold land parcel in Osaka. This expansion aligns with CLI’s digitalization investment strategy and strengthens its presence in Japan, a key market expected to grow significantly. The project will benefit from secured power capacity and aims to capitalize on the increasing demand for data centers driven by digitalization and AI adoption, positioning CLI favorably in the competitive landscape.
More about CapitaLand Investment Limited
CapitaLand Investment Limited (CLI) is a leading global real asset manager, well-known for its extensive multi-asset class network and deal-sourcing capabilities. The company manages a diverse portfolio, including data centers, with a strong focus on markets like Asia and Europe. CLI aims to invest strategically in quality assets such as data centers to support future private funds.
YTD Price Performance: -6.11%
Average Trading Volume: 9,329,862
Technical Sentiment Consensus Rating: Buy
Current Market Cap: S$12.6B
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