Pandemic Drives Shift in Demand for Cold Storage in Australia

There is extremely limited cold storage supply in Australia.

Although stock levels have risen markedly during the pandemic, the cold storage sector across Australia remains at 0% vacancy.

The federal government’s $1.46 billion Modern Manufacturing Strategy, released late in 2020, could expand logistics activity in the pharmaceutical, food and beverage sectors and continue to grow demand for industrial floorspace, such as cold storage.

Please take the time to read this, it’s very timely information and supports the difficulty in finding space most places in Australia presently.

https://www.realcommercial.com.au/news/pandemic-drives-shift-in-demand-for-cold-storage