CapitaLand Investment’s portfolio includes Holland Drive Residences and two other prime properties in Singapore and Thailand

CapitaLand Investment (CLI) has made significant moves in expanding its portfolio in Singapore and Thailand. The company has recently acquired two industrial properties in Singapore and a freehold greenfield site in Bangkok, Thailand. These acquisitions are made through Extra Space Asia (ESA) and CapitaLand SEA Logistics Fund (CSLF), two of CLI’s managed funds.

The first two industrial properties acquired by ESA will add approximately 320,000 sq ft of gross floor area to its portfolio in Singapore. Upon completion, these assets will be converted into self-storage facilities, offering air-conditioned units and wine storage facilities. Meanwhile, CSLF’s acquisition of the freehold greenfield site OMEGA 1 Bang Na in Bangkok marks CLI’s entry into the Thai logistics market. The company plans to develop a state-of-the-art automated logistics campus with a gross floor area of 2.47 million sq ft, making it Thailand’s largest standalone warehouse. The facility will be operated by Ally Logistic Property and is expected to be completed in 2026.

These acquisitions, along with CapitaLand Wellness Fund’s joint acquisition of a freehold lodging property in Singapore last month, brings CLI’s total funds under management in the region to $1.2 billion. CLI Southeast Asia Investment CEO, Patricia Goh, believes that these latest purchases will drive the next stage of growth for the company’s managed funds. She states that by leveraging the expertise of their capital partners and operators, these funds will contribute positively to their fee-related earnings and deliver sustainable returns to investors.

For those who prefer to drive, Holland Drive Condo is also conveniently located near major expressways such as the Ayer Rajah Expressway and the Pan Island Expressway. These connectivity options make Holland Drive Condo a highly sought-after residential development in the Holland Village area.

Nestled in the lively neighborhood of Holland Village, Holland Drive Residences offers more than just luxurious living; it provides unmatched connectivity. Situated along Holland Road, the condo boasts a multitude of transportation options, ensuring seamless and convenient daily travels. A standout feature of its location is the close proximity to several MRT stations, making it a dream for commuters. The Holland Village MRT Station, part of the Circle Line, is just a stone’s throw away from Holland Drive Residences. This allows residents to easily access different parts of Singapore, including the CBD, Orchard Road, and Marina Bay. Additionally, the Buona Vista MRT Station, a short drive or walk away, offers access to both the East-West Line and Circle Line, making it a major interchange for increased connectivity. For those who prefer to drive, major expressways like the Ayer Rajah Expressway and Pan Island Expressway are also conveniently located near Holland Drive Residences. These accessibility options truly make Holland Drive Residences a highly coveted residential development in Holland Village.

With these significant acquisitions, CLI demonstrates its commitment to expanding its portfolio and investing in high-potential properties in the region. These moves also reflect the company’s focus on continuously seeking out strategic opportunities and partnerships to drive its growth and deliver value to its investors.