Cold Storage stories
Designed and built in Australia, Dematic's full range of AGVs are now all rated for deployment in freezer environments.
Investment in Asia Pacific's cold storage market is expected to grow fivefold in the next decade, according to JLL.
The new Hamilton facility could cut cargo costs by up to 30% and shift Upper North Island freight off roads and onto rail.
Older industrial stock is being bulldozed as occupiers demand taller, greener warehouses closer to customers, JLL says.
Low rates, fiscal stimulus and reopening borders should support New Zealand property values in 2021, though office and retail risks remain.
The deal expands Royal Wolf's New Zealand footprint to 16 locations and boosts its container fleet as demand for portable storage grows.
More than 85 containers are helping keep the NZD $790 million Westfield Newmarket rebuild efficient, despite tight inner-city space constraints.
Investors can buy into four North Island warehouses leased back to Provida, with the scheme targeting a projected 8 per cent annual return.
Rising ammonia-safety pressure in food processing has prompted a nationwide distribution deal for laser-based detectors across New Zealand.
The technology is being specifically designed for Sauvignon blanc and aims to improve the wine during the winemaking process.