The cold storage market has recently emerged as one of the more fashionable niche asset classes in Hong Kong for investors. The market has seen a rise in demand which has been fuelled by the robust growth of supermarket sales, growing popularity of online grocery orders, and the pressing need for vaccine and drug storage.
The stay-at-home arrangement brought about by COVID-19 has shifted consumer behaviour to online shopping, which has led to a surge in online frozen food and grocery sales. This has subsequently created a rising demand for cold storage facilities making it a highly sought-after, alternative industrial asset for investors.
The latest Colliers Radar takes a deep dive into the cold storage asset class and provides entry routes to this sub-sector for investors. Read the full report by downloading it from the link below today and find out more about this emerging asset class.
For further insights on this report, reach out to our Research expert Rosanna Tang. Or, for solutions around investment, advisory or leasing, reach out to our experts John Davies, Pureanae Jang and Chelsea Yip.