News Formal

CapitaLand Investment's Self-Storage Platform Partners with Japan's Largest Self-Storage Manager

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 39 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 40%
  • Publisher: 72%

Business Nachrichten

Capitaland Investment,Extra Space Asia,Ambitious Co. Ltd.

CapitaLand Investment's (CLI) self-storage platform, Extra Space Asia (ESA), has formed a strategic partnership with Ambitious Co. Ltd. (Ambitious), the leading self-storage manager in Japan. ESA aims to expand its presence in Japan's largest self-storage markets, Osaka and Tokyo, with plans to acquire more facilities.

CapitaLand Investment announced that Extra Space Asia , its self-storage platform, has entered into a strategic partnership with Ambitious Co. Ltd. , Japan’s largest indoor self-storage manager.

ESA plans to expand its presence in Japan by sourcing, developing, and managing self-storage facilities in Osaka and Tokyo. To start the partnership, ESA acquired four self-storage facilities in Osaka from Ambitious and plans to add two more in Tokyo by early 2025.ESA’s current partner in Japan is Keiyo Logistics Co. The company now benefits from the expertise of two experienced self-storage managers, according to CLI’s press release.

Since the formation of CLI’s self-storage joint venture with APG Asset Management in 2022 to acquire ESA, we have grown funds under management of our self-storage portfolio by approximately 25%, including the acquisition of two prime industrial assets in Singapore for approximately S$100 million in 1Q 2024.”

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 2. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

CapitaLand Investment to fully acquire SC Capital Partners Group by 2030 Singapore News%
Herkunft: IndependentSG - 🏆 2. / 72 Weiterlesen »

Indonesia says Apple's $134m investment proposal inadequateJAKARTA — Indonesia said a US$100 million (S$134 million) investment proposal from Apple to build an accessory and component plant was not enough for the country to allow the tech giant to sell its latest iPhone model, its industry ministry said on Monday (Nov 25).
Herkunft: asiaonecom - 🏆 10. / 59 Weiterlesen »

Qatar's Investment in Audi Formula One Team Strengthens Gulf Influence in MotorsportQatar's investment in Audi's Formula One team aims to bring mutual benefits and increase the Gulf region's influence in motorsport. The partnership includes a significant minority stake from Qatar Investment Authority (QIA) in Audi's new team, which is expected to aid the carmaker during a difficult transition period.
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »