1、ResearchAsia Pacific|November Cold chain,unlockedThe cold storage opportunity in Asia PacificContentsCold storage real estate 101 A rapidly growing sector The investment upside 0102032Cold chain,unlocked:The cold storage opportunity in Asia PacificContents Key takeaways31 1 Cold storage real estate

2、is evolving The evolving complexities of logistical needs are changing cold storage requirements.Cold storage facilities will increasingly need multiple temperature zones,an expanded number of doors and bays(to facilitate fulfilment),and dedicated areas for services such as packing zones.2 2 Rising

3、asset creation The global cold storage sector has expanded from 550 million cubic metres in 2014 to an estimated 785 million cubic metres in 2022.Assuming the same growth rate,the market is projected to exceed 1.1 billion cubic metres by 2030.3 3 Macro and industry demand drivers are strong Global d

4、isruptions have emphasised the importance of robust supply chains and the essential role of cold storage real estate.Relatively inelastic demand,changing consumption patterns,and the rise of e-commerce are boosting demand for efficient cold chain logistics.4 4 Attractive investment factors Investor

5、interest is shifting towards alternative and higher-yielding asset classes.Stable cash flows,higher barriers to entry,technological advancements,longer lease terms,yield premiums,portfolio diversification,and attractive risk-adjusted returns contribute to the attractiveness of the cold storage secto

6、r in the current investment landscape.3Cold chain,unlocked:The cold storage opportunity in Asia PacificContents Whats the opportunity?Facility/product differentiation to become best-in-class providers of cold storage real estate.Having the capacity to leverage advanced technology and sustainable pra