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CapitaLand Investment, Ally Logistic Break Ground on SG$260 Million Smart Logistics Facility in Singapore

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CapitaLand Investment (SGX:9CI) and integrated logistics infrastructure firm Ally Logistic Property on Thursday broke ground on OMEGA 1 Singapore, a SG$260 million multi-storey smart logistics facility, according to a same-day statement.

The five-storey development is expected to be completed in the second half of 2028.

The facility will feature an automated storage-and-retrieval system offering over 65,000 pallet positions.

Tenants will use Ally Logistic's software to track inventory movements and warehouse operations within the facility.

What else is happening in Asia?

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SHE:300803
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SGX:DRX
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