Americold Realty Trust, Inc. reports developments tied to its temperature-controlled logistics real estate business, including the ownership, operation, acquisition and development of refrigerated warehouses. The REIT’s updates commonly cover AFFO and operating results, physical occupancy, services margin, fixed-commitment customer contracts, dividends and capital allocation across a global cold storage network serving food producers, processors, distributors and retailers.
Company news also includes sustainability reporting for energy efficiency, emissions reduction, safety and facility resilience, along with governance matters, shareholder engagement, finance leadership changes and material agreements that affect the balance sheet or portfolio strategy.
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Americold Realty Trust (NYSE: COLD) will announce its first quarter 2023 financial results on May 4, 2023, after market close. A conference call, scheduled for the same day at 5:00 p.m. Eastern Time, will be available for stakeholders. Investors can access the live webcast on the Company’s Investor Relations website. Americold operates 242 temperature-controlled warehouses globally, with a capacity of approximately 1.4 billion refrigerated cubic feet. The Company plays a critical role in the logistics of food supply chains, connecting producers to consumers.
Americold Realty Trust (NYSE: COLD) has announced the grand opening of its expanded facility in Santa Perpetua, Barcelona, Spain, which adds 11 loading bays and 12,000 pallet positions. This expansion increases the facility's capacity for temperature-controlled products, now totaling over 20,000 pallet positions for frozen, chilled, and ambient produce. Americold aims to enhance its global presence and better serve customer needs in Spain and across Europe. The company operates 242 temperature-controlled warehouses worldwide, emphasizing its role in connecting the food supply chain.
Americold Realty Trust (NYSE: COLD) announced a strategic investment of $3.9 million for a 49% equity stake in RSA Cold Chain, a cold storage operator in Dubai. This partnership aims to establish a scalable platform for market entry and expansion into the Middle East and India. RSA Cold Chain, operational since 2017, will benefit from Americold's global network to enhance supply chain solutions and cold storage capacity. The CEO of Americold, George Chappelle, highlighted the collaboration as a significant step in reinforcing the company's leadership in temperature-controlled logistics.