tiprankstipranks
CapitaLand Investment Limited Expands into Japan’s Booming Data Center Market
Company Announcements

CapitaLand Investment Limited Expands into Japan’s Booming Data Center Market

Story Highlights

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

CapitaLand Investment Limited ( (SG:9CI) ) has issued an announcement.

CapitaLand Investment Limited has announced its first data center development in Japan, investing over S$900 million in a freehold land parcel in Osaka. This expansion aligns with CLI’s digitalization investment strategy and strengthens its presence in Japan, a key market expected to grow significantly. The project will benefit from secured power capacity and aims to capitalize on the increasing demand for data centers driven by digitalization and AI adoption, positioning CLI favorably in the competitive landscape.

More about CapitaLand Investment Limited

CapitaLand Investment Limited (CLI) is a leading global real asset manager, well-known for its extensive multi-asset class network and deal-sourcing capabilities. The company manages a diverse portfolio, including data centers, with a strong focus on markets like Asia and Europe. CLI aims to invest strategically in quality assets such as data centers to support future private funds.

YTD Price Performance: -6.11%

Average Trading Volume: 9,329,862

Technical Sentiment Consensus Rating: Buy

Current Market Cap: S$12.6B

Learn more about 9CI stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App