Brexit stockpiling, the surge in online grocery purchases and the need to keep the Pfizer-BioNTech COVID-19 vaccine frozen at negative 70 degrees Celsius has pushed the forgotten world of cold storage onto front pages.
Suddenly cold stores are hot. Can the arrival of U.S. private equity thaw a notoriously frozen sector of the property market?
For decades the UK’s modest cold storage sector has been about fish fingers and seasonal surges: The Lincolnshire vegetable harvest and trawlers from Grimsby have been the sector’s mainstay.Today it feels very different. The cold-chain distribution of the Pfizer-BioNTech COVID-19 vaccine…
Read the full story here.
|