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CapitaLand Investment: Extra Space Asia Continues Its Strong Expansion Momentum To Over 100 Self-Storage Facilities Across Asia With Acquisitions In Singapore & Tokyo.

16 Oct 2025 14:22

CapitaLand Investment Limited announced that Extra Space Asia, its self-storage platform, is investing nearly S$100 million in its first build-to-suit flagship development in Singapore and acquiring three freehold self-storage facilities in Tokyo, Japan. ESA has acquired a land parcel at Kaki Bukit Avenue 5 to develop a 185,000 square feet facility, Singapore's first self-storage facility set to achieve 'Green Mark Super Low Energy Building' certification. This marks the first industrial government land sale awarded by the Jurong Town Corporation for self-storage use. Upon completion, ESA's Singapore portfolio will grow to 13 high-quality properties islandwide with over 1.5 million sq ft of gross floor area...

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Source: ShareInvestor Express