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11.48000 USD
0.25
2.23%
Last update Apr 2, 3:59 PM EDT
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Day range
10.98000
11.48500
Previous close
11.23000
Open
11.16000
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Americold Realty Trust
11.48
0.25
2.23%

Overview

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Description

Americold Realty Trust is a publicly traded real estate investment trust (REIT) that specializes in the ownership, operation, and development of temperature-controlled warehouses worldwide. These facilities are critical for the storage and distribution of perishable food items, making Americold an essential player in the food logistics sector. The company's primary function is to provide the infrastructure necessary for maintaining the integrity and quality of food products throughout the supply chain. This real estate asset primarily serves industries such as agriculture, food distribution, and grocery retail. Americold Realty Trust has a significant market presence, with a diverse portfolio strategically located in regions with high demand for cold storage solutions. The company's extensive network supports a wide range of operations ranging from packaging and processing to import/export activities. By facilitating safe and efficient food storage, Americold plays a crucial role in supporting global food supply chains and ensuring food security. As the demand for fresh and frozen foods continues to grow, Americold's strategic positioning allows it to have an important place in the broader logistics and real estate sectors.

About

CEO
Mr. Robert Scott Chambers CPA
Employees
12690
Address
10 Glenlake Parkway, South Tower
Suite 600
Atlanta, 30328-7250, GA
United States
Phone
678 441 1400
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Industrial
Country
United States
MIC code
XNYS
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Latest press releases

Mar 18, 2025
Global leader in Temperature-Controlled solutions expands in Christchurch, New Zealand

Americold Breaks Ground in Christchurch, Doubling Site Capacity to Support FMCG, Retail, and QSR Business Growth

CHRISTCHURCH, New Zealand, March 18, 2025 /PRNewswire/ -- Americold, a global leader in temperature-controlled storage, logistics and value-added services, today announced the groundbreaking of its USD$34 million Halwyn facility expansion in Christchurch. This expansion will more than double the site's capacity, enhancing Americold's ability to meet growing demand across the South Island of New Zealand.

This is the third regional growth initiative for Americold in the past 24 months, underscoring its commitment to provide solutions to capacity constrained markets across the APAC region.

"Temperature-controlled warehouses play a critical role in the farm-to-table supply chain", says Richard Winnall, President, International at Americold. "As a market leader, we operate varied types of facilities essential to the temperature-controlled food supply chain, also known as the cold chain. This ensures that products move from manufacturers to end consumers in a safe, reliable, cost-effective manner, with minimal environmental impact".

By bringing global best practices and delivering top-tier service to the retail and QSR channels, Americold are poised to modernise the industry. "This expansion demonstrates our unwavering commitment to local business, job creation and sustainable facility design. Our New Zealand facilities are leading the way within Americold, achieving significant kilowatt-hour savings, high emission reductions, rainwater harvesting and solar energy generation", said Doug Seccombe, Managing Director APAC at Americold.

"We have designed this facility to meet the immediate and future needs of our grocery and retail customers. This expansion will enable our South Island customers to grow their temperature-controlled supply chain now and into the future", says Doug Seccombe. "We continue to provide innovative solutions and best-in-class service to help our customers feed the world".

This 15,240m² site is 10 minutes from Christchurch airport and 20 minutes from the CBD.

Americold Realty Trust, Inc. is a global leader in temperature-controlled logistics, real estate and value-added services. Focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, and a legacy of 120 years.

Americold owns and/or operates 19 temperature-controlled warehouses in Australia and New Zealand with 239 facilities across North-America, Europe, Asia-Pacific, and South-America.  Americold's 1.5 billion refrigerated cubic feet of storage facilities are an integral component of the supply chain connecting food producers, processors, distributors, QSR and retailers to consumers with the mission of "Helping our customers feed the world".  Find out more at www.americold.com

Cision View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/global-leader-in-temperature-controlled-solutions-expands-in-christchurch-new-zealand-302405145.html

SOURCE Americold Realty Trust Inc

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Market closed

Pre-market opens in 1 day 4 hours 53 minutes
Main market opens in 1 day 10 hours 23 minutes

23:06
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).