{"id":37280,"date":"2025-10-30T13:39:24","date_gmt":"2025-10-30T06:39:24","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=37280"},"modified":"2025-10-30T13:39:24","modified_gmt":"2025-10-30T06:39:24","slug":"brookfield-acquires-hong-kong-site-for-cold-storage-venture-with-uni-china","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=37280","title":{"rendered":"Brookfield Acquires Hong Kong Site for Cold Storage Venture with Uni-China"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">HONG KONG<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 30, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Brookfield, a leading global investment firm headquartered in <span class=\"xn-location\">New York<\/span> with more than <span class=\"xn-money\">US$1 trillion<\/span> of assets under management, has formed a cold storage joint venture with M\u0101ori Capital, the investment arm of Uni-China Group, <span class=\"xn-location\">Hong Kong&#8217;s<\/span> largest fresh food retailer and wet market operator, to acquire a prime industrial site in Tsing Yi, <span class=\"xn-location\">Hong Kong<\/span> from Swire Properties.<\/p>\n<p>The 246,000 square foot site is located within <span class=\"xn-location\">Hong Kong&#8217;s<\/span> most established logistics cluster and will be purpose-built to meet the modern cold storage specifications required for food-grade logistics and pharmaceutical clients. It will incorporate energy-efficient refrigeration and advanced storage and logistics management solutions.<\/p>\n<p>With seamless access to key transportation nodes including the Kwai Tsing Container Terminals and the <span class=\"xn-location\">Hong Kong<\/span> International Airport, Uni-China&#8217;s logistics business has committed to full occupancy upon completion in 2026.<\/p>\n<p>The Tsing Yi asset will serve as the seed property for a newly launched cold storage joint venture (JV) between Brookfield and M\u0101ori Capital. This strategic partnership leverages Brookfield&#8217;s extensive global expertise in cold storage and logistic investments and Uni-China&#8217;s deep local understanding of <span class=\"xn-location\">Asia&#8217;s<\/span> fresh food retail and supply chain given its extensive market expertise and an established retail network of approximately 1,000 sales points.<\/p>\n<p>The JV will actively explore further investment opportunities in high quality cold storage assets and related businesses across <span class=\"xn-location\">Asia<\/span>.<\/p>\n<p><span class=\"xn-person\">Brookfield Head<\/span> of East Asia Real Estate Andrew Burych said: &#8220;Cold storage is a high-conviction theme for Brookfield, driven by structural shifts in consumption, evolving food logistics requirements and the under-supply of modern temperature-controlled facilities in gateway cities like <span class=\"xn-location\">Hong Kong<\/span>. The conversion of the Tsing Yi property to a high-spec cold storage facility is in line with Brookfield&#8217;s strategy of revitalising underutilised industrial assets across <span class=\"xn-location\">Asia<\/span>. Partnering with M\u0101ori Capital and leveraging Uni-China&#8217;s operating footprint creates a powerful combination of institutional capital and local market expertise and we see potential to create a vertically integrated cold chain platform across key urban markets.&#8221;<\/p>\n<p><span class=\"xn-person\">Jackie Ling<\/span>, Chairman of Uni-China Group, said: &#8220;We see rising demand for quality cold storage in <span class=\"xn-location\">Asia&#8217;s<\/span> growing fresh food retail sector, driven by consumers&#8217; shift towards high-quality products. Our strategic expansion in the cold storage business is set to seize these opportunities. With extensive assets in our diverse business portfolio and over two decades of deep local expertise, we are confident that our increased involvement in cold storage will further strengthen our strategic position as an industry leader.&#8221;<\/p>\n<p><span class=\"xn-person\">Michael Ling<\/span>, Managing Partner of M\u0101ori Capital, echoes: &#8220;The partnership marks a key step in evolving modern cold chain infrastructure. We look forward to working closely with Brookfield to expanding the JV platform, and leveraging both of our expertise to investing in high-quality assets and businesses related to cold solutions across the region.&#8221;<\/p>\n<p>Brookfield has a strong pedigree in logistics and is able to leverage its operational expertise, global franchise and local presence in 15 markets to create value for investors. With a global industrial portfolio worth <span class=\"xn-money\">US$26 billion<\/span>, its holdings span 190 million square metres across five continents, making it one of the world&#8217;s most active investors in the logistics real estate sector. In <span class=\"xn-location\">Asia Pacific<\/span>, Brookfield has <span class=\"xn-money\">US$3<\/span>.5\u00a0billion in logistics assets under management.<\/p>\n<p><span class=\"xn-person\">Michael Cocozzo<\/span>, Head of Industrials for APAC and the <span class=\"xn-location\">Middle East<\/span>, Brookfield (left), <span class=\"xn-person\">Jackie Ling<\/span>, Chairman of Uni-China Group (middle), and <span class=\"xn-person\">Michael Ling<\/span>, Managing Partner of M\u0101ori Capital (right), the investment arm of Uni-China Group, jointly officiated the launch ceremony of the new cold storage venture.<\/p>\n<p class=\"prntac\">-END-<\/p>\n<p><b>About Brookfield Asset Management\u00a0<\/b><\/p>\n<p>Brookfield is a leading global alternative asset manager, headquartered in <span class=\"xn-location\">New York<\/span>, with more than <span class=\"xn-money\">US$1 trillion<\/span> of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world \u2014 including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield&#8217;s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles. For more information, please visit our website at <span><a href=\"https:\/\/www.brookfield.com\/\" target=\"_blank\" rel=\"nofollow\">www.brookfield.com<\/a>.<\/span><\/p>\n<p><b>About Uni-China Group and M\u0101ori Capital<\/b><\/p>\n<p>Uni-China Group (&#8220;Uni-China&#8221;) stands as one of <span class=\"xn-location\">Hong Kong&#8217;s<\/span> largest food-related and retail conglomerates, operating approximately 1,000 sales points across <span class=\"xn-location\">Hong Kong<\/span> with a dedicated workforce of around 5,000 professionals and skilled frontline staff.<\/p>\n<p>Uni-China centres on <span class=\"xn-location\">Hong Kong&#8217;s<\/span> most essential daily staple goods, with a comprehensive portfolio spanning fresh market asset management and value amplification, retail operations, food trading, food and beverages, as well as storage and logistics solutions. We remain steadfast in our commitment to promoting sustainable growth across our business operations and community service initiatives, upholding our corporate social responsibility while solidifying our position as an industry leader.<\/p>\n<p>M\u0101ori Capital serves as Uni-China&#8217;s strategic investment arm, focusing on investments of strategic importance to the Group. Our investment portfolio encompasses real estate, food and beverages, retail\u00a0and technology-related private equity investments, as well as cold chain infrastructure, storage and logistics.\u00a0For more information, please visit our website at <a href=\"http:\/\/www.uni-china.com\/\" target=\"_blank\" rel=\"nofollow\">www.uni-china.com<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">HONG KONG<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Oct. 30, 2025<\/span><\/span> \/PRNewswire\/ &#8212; Brookfield, a leading global investment firm headquartered in <span class=\"xn-location\">New York<\/span> with more than <span class=\"xn-money\">US$1 trillion<\/span> of assets under management, has formed a cold storage joint venture with M\u0101ori Capital, the investment arm of Uni-China Group, <span class=\"xn-location\">Hong Kong&#8217;s<\/span> largest fresh food retailer and wet market operator, to acquire a prime industrial site in Tsing Yi, <span class=\"xn-location\">Hong Kong<\/span> from Swire Properties.<\/p>\n<p>The 246,000 square foot site is located within <span class=\"xn-location\">Hong Kong&#8217;s<\/span> most established logistics cluster and will be purpose-built to meet the modern cold storage specifications required for food-grade logistics and pharmaceutical clients. It will incorporate energy-efficient refrigeration and advanced storage and logistics management solutions.<\/p>\n<p>With seamless access to key transportation nodes including the Kwai Tsing Container Terminals and the <span class=\"xn-location\">Hong Kong<\/span> International Airport, Uni-China&#8217;s logistics business has committed to full occupancy upon completion in 2026.<\/p>\n<p>The Tsing Yi asset will serve as the seed property for a newly launched cold storage joint venture (JV) between Brookfield and M\u0101ori Capital. This strategic partnership leverages Brookfield&#8217;s extensive global expertise in cold storage and logistic investments and Uni-China&#8217;s deep local understanding of <span class=\"xn-location\">Asia&#8217;s<\/span> fresh food retail and supply chain given its extensive market expertise and an established retail network of approximately 1,000 sales points.<\/p>\n<p>The JV will actively explore further investment opportunities in high quality cold storage assets and related businesses across <span class=\"xn-location\">Asia<\/span>.<\/p>\n<p><span class=\"xn-person\">Brookfield Head<\/span> of East Asia Real Estate Andrew Burych said: &#8220;Cold storage is a high-conviction theme for Brookfield, driven by structural shifts in consumption, evolving food logistics requirements and the under-supply of modern temperature-controlled facilities in gateway cities like <span class=\"xn-location\">Hong Kong<\/span>. The conversion of the Tsing Yi property to a high-spec cold storage facility is in line with Brookfield&#8217;s strategy of revitalising underutilised industrial assets across <span class=\"xn-location\">Asia<\/span>. Partnering with M\u0101ori Capital and leveraging Uni-China&#8217;s operating footprint creates a powerful combination of institutional capital and local market expertise and we see potential to create a vertically integrated cold chain platform across key urban markets.&#8221;<\/p>\n<p><span class=\"xn-person\">Jackie Ling<\/span>, Chairman of Uni-China Group, said: &#8220;We see rising demand for quality cold storage in <span class=\"xn-location\">Asia&#8217;s<\/span> growing fresh food retail sector, driven by consumers&#8217; shift towards high-quality products. Our strategic expansion in the cold storage business is set to seize these opportunities. With extensive assets in our diverse business portfolio and over two decades of deep local expertise, we are confident that our increased involvement in cold storage will further strengthen our strategic position as an industry leader.&#8221;<\/p>\n<p><span class=\"xn-person\">Michael Ling<\/span>, Managing Partner of M\u0101ori Capital, echoes: &#8220;The partnership marks a key step in evolving modern cold chain infrastructure. We look forward to working closely with Brookfield to expanding the JV platform, and leveraging both of our expertise to investing in high-quality assets and businesses related to cold solutions across the region.&#8221;<\/p>\n<p>Brookfield has a strong pedigree in logistics and is able to leverage its operational expertise, global franchise and local presence in 15 markets to create value for investors. With a global industrial portfolio worth <span class=\"xn-money\">US$26 billion<\/span>, its holdings span 190 million square metres across five continents, making it one of the world&#8217;s most active investors in the logistics real estate sector. In <span class=\"xn-location\">Asia Pacific<\/span>, Brookfield has <span class=\"xn-money\">US$3<\/span>.5\u00a0billion in logistics assets under management.<\/p>\n<p><span class=\"xn-person\">Michael Cocozzo<\/span>, Head of Industrials for APAC and the <span class=\"xn-location\">Middle East<\/span>, Brookfield (left), <span class=\"xn-person\">Jackie Ling<\/span>, Chairman of Uni-China Group (middle), and <span class=\"xn-person\">Michael Ling<\/span>, Managing Partner of M\u0101ori Capital (right), the investment arm of Uni-China Group, jointly officiated the launch ceremony of the new cold storage venture.<\/p>\n<p class=\"prntac\">-END-<\/p>\n<p><b>About Brookfield Asset Management\u00a0<\/b><\/p>\n<p>Brookfield is a leading global alternative asset manager, headquartered in <span class=\"xn-location\">New York<\/span>, with more than <span class=\"xn-money\">US$1 trillion<\/span> of assets under management across renewable power and transition, infrastructure, private equity, real estate, and credit. We invest client capital for the long-term with a focus on real assets and essential service businesses that form the backbone of the global economy. We offer a range of alternative investment products to investors around the world \u2014 including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. We draw on Brookfield&#8217;s heritage as an owner and operator to invest for value and generate strong returns for our clients, across economic cycles. For more information, please visit our website at <span><a href=\"https:\/\/www.brookfield.com\/\" target=\"_blank\" rel=\"nofollow\">www.brookfield.com<\/a>.<\/span><\/p>\n<p><b>About Uni-China Group and M\u0101ori Capital<\/b><\/p>\n<p>Uni-China Group (&#8220;Uni-China&#8221;) stands as one of <span class=\"xn-location\">Hong Kong&#8217;s<\/span> largest food-related and retail conglomerates, operating approximately 1,000 sales points across <span class=\"xn-location\">Hong Kong<\/span> with a dedicated workforce of around 5,000 professionals and skilled frontline staff.<\/p>\n<p>Uni-China centres on <span class=\"xn-location\">Hong Kong&#8217;s<\/span> most essential daily staple goods, with a comprehensive portfolio spanning fresh market asset management and value amplification, retail operations, food trading, food and beverages, as well as storage and logistics solutions. We remain steadfast in our commitment to promoting sustainable growth across our business operations and community service initiatives, upholding our corporate social responsibility while solidifying our position as an industry leader.<\/p>\n<p>M\u0101ori Capital serves as Uni-China&#8217;s strategic investment arm, focusing on investments of strategic importance to the Group. Our investment portfolio encompasses real estate, food and beverages, retail\u00a0and technology-related private equity investments, as well as cold chain infrastructure, storage and logistics.\u00a0For more information, please visit our website at <a href=\"http:\/\/www.uni-china.com\/\" target=\"_blank\" rel=\"nofollow\">www.uni-china.com<\/a>.<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-37280","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/37280","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=37280"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/37280\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=37280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=37280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=37280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}