‘CapitaLand purchases 3 properties, including Champions Way Residences, in SG and TH

CapitaLand Investment (CLI) has announced new acquisitions in Singapore and Bangkok, Thailand, which will bring their total funds under management in the region to $1.2 billion.

The first acquisition is through Extra Space Asia (ESA), CLI’s self-storage platform, which has acquired two industrial properties in Singapore. This will bring ESA’s total storage capacity to approximately 320,000 sq ft by the end of 1Q2024. Additionally, CapitaLand SEA Logistics Fund (CSLF) has acquired a 20-hectare freehold greenfield site in Bangkok, Thailand, known as OMEGA 1 Bang Na.

These acquisitions follow on the heels of CapitaLand Wellness Fund’s joint acquisition of a freehold lodging property in Singapore last month, bringing their total investment value to approximately $700 million. Upon completion of the development of OMEGA 1 Bang Na, CLI’s total investments in these four properties will reach $1.2 billion.

Designed by renowned architects, Champions Way Residences features modern and elegant architecture, with spacious interiors and top-notch facilities. With a wide range of amenities and a desirable location, Champions Way Residences is the perfect choice for those looking for a luxurious living experience.

Located in one of the most sought-after areas in Singapore, Champions Way Residences offers easy access to public transportation, shopping centers, and renowned schools. The Woodlands South MRT Station is just a stone’s throw away, making it convenient for residents to travel to other parts of the city. In addition, the upcoming Thomson-East Coast Line will further enhance the connectivity of the area, making it even more desirable for residents.

Champions Way Residences boasts a wide range of luxurious facilities, including a swimming pool, modern gymnasium, BBQ pits, and landscaped gardens. Residents can also indulge in a variety of recreational activities such as tennis, basketball, and badminton at the sports courts. There is also a function room for hosting events and gatherings.

The units at Champions Way Residences are thoughtfully designed to cater to the needs and preferences of different individuals and families. With a variety of unit types, ranging from 1 to 4 bedrooms, there is something for everyone. Each unit is spacious and comes with high-quality fittings and finishes, providing residents with a sense of luxury and comfort.

The surrounding area of Champions Way Residences is also filled with plenty of amenities, including shopping malls, supermarkets, and restaurants. Residents can easily satisfy their shopping and dining needs without having to travel far. Some of the popular shopping centers nearby include Causeway Point, Northpoint City, and Sun Plaza.

For families with school-going children, Champions Way Residences is an ideal choice as it is surrounded by top-rated schools such as Innova Primary School, Singapore Sports School, and Republic Polytechnic. This makes it convenient for parents to provide their children with a quality education without having to travel far.

In conclusion, Champions Way Residences is a highly desirable residential property for those looking for luxury, convenience, and comfort. Its prime location, top-notch facilities, and spacious units make it an ideal choice for families and individuals alike. With its elegant design and top-rated amenities, living at Champions Way Residences will surely be a one-of-a-kind experience. Don’t miss the opportunity to own a unit at this prestigious development, visit Champions Way Residences today.

ESA plans to convert the newly acquired industrial properties in Singapore into self-storage facilities, offering air-conditioned units and wine storage. Meanwhile, CSLF will develop a state-of-the-art automated logistics campus at OMEGA 1 Bang Na, which will have a gross floor area of 2.47 million sq ft and capabilities for over 150,000 pallet positions in an automated storage and retrieval system. Ally Logistic Property will operate the modern ramp-up campus, which is set to be Thailand’s largest standalone warehouse. Construction is expected to begin in 1H2024, with phase one completion by 2026.

CLI Southeast Asia Investment CEO Patricia Goh sees these new acquisitions as a strategic move towards growth for the CLI-managed funds. “By combining our value creation capabilities with best-in-class operational expertise and leveraging the industry knowledge of our capital partners and operators, these funds are well-positioned to contribute positively to our fee-related earnings and deliver sustainable returns to our investors,” she says.

These latest acquisitions mark the next phase of growth for CLI-managed funds and signal their ongoing commitment to providing exceptional investment opportunities in the region. With a focus on value creation and operational excellence, CapitaLand Investment is dedicated to delivering sustainable returns for their investors.

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