Brookfield Acquisition of Hong Kong Cold Storage Site

Deal value: $120,000,000

Acquisition of a prime Hong Kong site for development of a state-of-the-art cold storage facility in partnership with Uni-China, targeting food and pharmaceutical logistics.

The core investment motivation is to capitalize on the acute under-supply of modern cold storage facilities in Hong Kong and broader Asia, driven by structural shifts in food consumption, rising demand for high-quality perishables, and the growth of pharmaceutical logistics. Brookfield and Uni-China are targeting this opportunity to create a vertically integrated cold chain platform, leveraging Brookfield’s global logistics expertise and Uni-China’s deep local market presence. The timing is propelled by accelerating e-commerce, evolving food safety standards, and the need for resilient supply chains in gateway cities.