CapitaLand Investment, ALP break ground on S$260 million OMEGA 1 Singapore logistics project

CapitaLand Investment broke ground on OMEGA 1 Singapore, a S$ 260 million logistics development under its CapitaLand Southeast Asia Logistics Fund. The five-storey, 71,000-sqm project at 19 Gul Lane targets completion in 2H 2028. ALP’s OMEGA platform integrates warehouse space with shared automation and proprietary software to lower upfront capex for tenants. Built-in ASRS will provide over 65,000 pallet positions, supporting ambient and air-conditioned operations. Development targets BCA Green Mark GoldPLUS certification, with a solar-ready rooftop and facade greening. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Capitaland Investment Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 4QYDREUDPLZF4C67) on September 24, 2026, and is solely responsible for the information contained therein. (C)