Cold storage logistics is a sector that has gained traction in recent months due to the growing opportunities for drug and vaccine imports and exports, coupled with the spike for online retail and food delivery services. Although the market remains immature in many places in Asia, discerning investors have been tapping into such opportunities, including brownfield and greenfield developments, given the promising prospect of the sector with COVID-19 as a backdrop. There is significant dry powder in both the mature and emerging markets which could further increase investor’s appetite for such niche asset class.
In this report we analyse the key factors driving the demand for cold storage in Asia Pacific and the opportunities for investments in this sector.