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Cold Storage REIT Caffeinating its Portfolio with $28 Million Deal in Brazil

Americold Also Planning New Zealand Development as Part of its Global Expansion Plans
South America-based SuperFrio recently announced plans to build a modern refrigerated logistics center in the Greater São Paulo region. (SuperFrio)
South America-based SuperFrio recently announced plans to build a modern refrigerated logistics center in the Greater São Paulo region. (SuperFrio)
By Jessica Stevenson
CoStar Research
February 26, 2020 | 9:50 P.M.

Americold Realty Trust is brewing up a joint venture with Brazil-based Pátria Investimentos to acquire a 15% stake in SuperFrio, one of the biggest cold-storage facility providers in Brazil with 16 cold storage facilities in operation and more in development.

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