"Cold storage has shifted from a niche to a core pillar of industrial and logistics real estate. With vacancy at near-zero across Sydney, Melbourne, and Brisbane, this Spotlight explores the demand drivers, pressure points, and investment strategies shaping one of the fastest-growing sectors in Australia."

"The cold storage business has witnessed a rise in demand due to a number of factors, including increasing household incomes, the rise of urban and middle-class populations, as well as some structural changes to consumer  behaviour."