Americold

Americold Realty Trust Completes Refinancing of Unsecured Credit Facility

Retrieved on: 
Friday, March 27, 2020
Construction & Property, REIT, Americold, Refinancing, Real estate investment trust

Americold Realty Trust (NYSE: COLD) (the Company or Americold), the worlds largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced that the Company has completed the refinancing of its unsecured credit facility.

Key Points: 
  • Americold Realty Trust (NYSE: COLD) (the Company or Americold), the worlds largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced that the Company has completed the refinancing of its unsecured credit facility.
  • Importantly, we were able to access incremental capital by expanding and rebalancing our facility to include USD $425 million and CAD $250 million term loans.
  • The CAD term loan creates a natural hedge for our recent Nova Cold acquisition, stated Marc Smernoff, Chief Financial Officer of Americold Realty Trust.
  • The Company refinanced its $800 million multicurrency revolving line of credit and expanded its facility to include USD $425 million and CAD $250 million term loans.

Americold Realty Trust Completes Initial Investment in SuperFrio to Form Strategic Joint Venture in Brazil

Retrieved on: 
Monday, March 9, 2020
REIT, Building Systems, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Americold, Real estate investment trust

Americold Realty Trust (NYSE: COLD) (the Company or Americold), the worlds largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced that the Company has completed its initial investment in SuperFrio Armazns Gerais SA (SuperFrio), a leading temperature-controlled storage operator in Brazil, to form a strategic joint venture.

Key Points: 
  • Americold Realty Trust (NYSE: COLD) (the Company or Americold), the worlds largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced that the Company has completed its initial investment in SuperFrio Armazns Gerais SA (SuperFrio), a leading temperature-controlled storage operator in Brazil, to form a strategic joint venture.
  • Americold acquired approximately 15% of SuperFrio for BRL $118 million (equivalent to approximately USD $26 million based on current exchange rates) in cash consideration.
  • SuperFrio currently operates 16 facilities, totaling 35.1 million cubic refrigerated feet.
  • Americold is the worlds largest publicly traded REIT focused on the ownership, operation, acquisition and development of temperature-controlled warehouses.

Americold Realty Trust Declares First Quarter 2020 Dividend

Retrieved on: 
Thursday, March 5, 2020
REIT, Building Systems, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Shareholders, Americold, Real estate investment trust, Dividends

Americold Realty Trust (NYSE: COLD) (the Company or Americold), the worlds largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced that its Board of Trustees has declared a dividend of $0.21 per share for the first quarter of 2020, payable to holders of the Companys common shares.

Key Points: 
  • Americold Realty Trust (NYSE: COLD) (the Company or Americold), the worlds largest publicly traded REIT focused on the ownership, operation, acquisition, and development of temperature-controlled warehouses, today announced that its Board of Trustees has declared a dividend of $0.21 per share for the first quarter of 2020, payable to holders of the Companys common shares.
  • This represents an annualized dividend rate of $0.84 and a 5.0% increase over the prior dividend of $0.20 per share.
  • The dividend will be payable in cash on April 15, 2020 to shareholders of record at the close of business on March 31, 2020.
  • As a result of this strong execution, we are excited to announce our second dividend increase since going public, stated Fred Boehler, President and Chief Executive Officer of Americold Realty Trust.

Americold Realty Trust Sets Date for Fourth Quarter 2019 Earnings Release and Conference Call

Retrieved on: 
Monday, January 27, 2020
Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Finance, Banking, REIT, Professional services, Manufacturing, Other Construction & Property, Telecommunications, Americold, Conference call, New York Stock Exchange, KZQZ

Americold Realty Trust (NYSE: COLD) (the Company or Americold) announced today that the Company will release fourth quarter 2019 financial results after the market closes on Thursday, February 20, 2020.

Key Points: 
  • Americold Realty Trust (NYSE: COLD) (the Company or Americold) announced today that the Company will release fourth quarter 2019 financial results after the market closes on Thursday, February 20, 2020.
  • A conference call will be held on Thursday, February 20, 2020 at 5:00 p.m. Eastern Time.
  • A webcast of the conference call will be available on the Investor Relations section of the Companys website at www.americold.com .
  • To Participate in the Telephone Conference Call:
    Dial in at least 5 minutes prior to start time:

Americold Realty Trust Announces 2019 Tax Treatment of Distributions

Retrieved on: 
Wednesday, January 22, 2020
Other Manufacturing, Commercial Building & Real Estate, Construction & Property, Finance, Banking, REIT, Professional services, Manufacturing, Other Construction & Property, Americold, Real estate investment trust, Dividend, Warehouse, Lluís Companys, Form, Government of Spain, Spanish politicians, Government

The Companys fourth quarter 2019 dividend was paid in calendar year 2020 and will be included in the Companys 2020 taxable income allocation for federal tax purposes and is not included on the 2019 Form 1099.

Key Points: 
  • The Companys fourth quarter 2019 dividend was paid in calendar year 2020 and will be included in the Companys 2020 taxable income allocation for federal tax purposes and is not included on the 2019 Form 1099.
  • Americold is the worlds largest publicly traded REIT focused on the ownership, operation and development of temperature-controlled warehouses.
  • Based in Atlanta, Georgia, Americold owns and operates 176 temperature-controlled warehouses, with over 1 billion refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina, as of September 30th, 2019.
  • Americolds facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers.

North America Warehousing and Storage Market Expected to be Valued at US $86.41 Billion in 2024 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, January 21, 2020
Professional services, Consulting, Logistics, Warehouse, Business, Americold, Lineage Logistics

The North America warehousing and storage market reached a value of US$ 71.9 Billion in 2018.

Key Points: 
  • The North America warehousing and storage market reached a value of US$ 71.9 Billion in 2018.
  • Warehouses can generally be split into three classifications, including general warehousing and storage, warehousing and storage of agricultural products, and refrigerated warehousing and storage.
  • What is the breakup of the North America warehousing and storage market on the basis of warehouse?
  • What is the structure of the North America warehousing and storage industry and who are the key players?

Americold Realty Trust Announces Acquisition of Newport Cold for $56 Million

Retrieved on: 
Thursday, January 9, 2020
Commercial Building & Real Estate, Construction & Property, REIT, Republican National Convention, Geography of Minnesota, Americold, Newport, Wales, Minneapolis–Saint Paul, Warehouse, Cubic foot, Saint Paul, Minnesota, Geography of Wales, Minnesota

Americold Realty Trust (NYSE: COLD) (the Company or Americold), the worlds largest publicly traded REIT focused on the ownership, operation and development of temperature-controlled warehouses, announced today that the Company has acquired Newport-St. Paul Cold Storage (Newport Cold), a 6.1 million cubic foot temperature-controlled storage facility located in St. Paul, Minnesota, for $56 million.

Key Points: 
  • Americold Realty Trust (NYSE: COLD) (the Company or Americold), the worlds largest publicly traded REIT focused on the ownership, operation and development of temperature-controlled warehouses, announced today that the Company has acquired Newport-St. Paul Cold Storage (Newport Cold), a 6.1 million cubic foot temperature-controlled storage facility located in St. Paul, Minnesota, for $56 million.
  • We are excited to announce the acquisition of Newport Cold, which deepens our presence in the Minneapolis-St. Paul market.
  • Additionally, the completion of our previously-announced Nova Cold acquisition, expands our position in Canada, which is a growing market with fragmented ownership of cold storage facilities, stated Fred Boehler, President and Chief Executive Officer of Americold.
  • Newport Cold Storage is a 6.1 million cubic foot temperature-controlled facility, containing approximately 26,000 pallet positions located in St. Paul, Minnesota.

Americold Realty Trust Expands Executive Leadership Team, Appoints Robert Chambers as Chief Commercial Officer

Retrieved on: 
Wednesday, January 8, 2020
Other Transport, Construction & Property, Human resources, Transport, REIT, Professional services, Food, Beverage, Retail, Other Construction & Property, Americold, Chief commercial officer, Real estate investment trust

Americold Realty Trust (NYSE: COLD) (the Company or Americold), the worlds largest publicly traded REIT focused on the ownership, operation and development of temperature-controlled warehouses, announced today that Robert Chambers has joined the company as Executive Vice President and Chief Commercial Officer (CCO).

Key Points: 
  • Americold Realty Trust (NYSE: COLD) (the Company or Americold), the worlds largest publicly traded REIT focused on the ownership, operation and development of temperature-controlled warehouses, announced today that Robert Chambers has joined the company as Executive Vice President and Chief Commercial Officer (CCO).
  • We are excited to expand our executive leadership team to further support our growth and are pleased to welcome Rob back to the Americold team, said Fred Boehler, President and Chief Executive Officer of Americold Realty Trust.
  • Chambers brings nearly 20 years of commercial finance and accounting experience to Americold.
  • Previously, he was Vice President of Commercial Finance at Americold where he was instrumental in developing the Companys commercial business rules and underwriting process.

Americold Realty Trust Declares Fourth Quarter 2019 Dividend

Retrieved on: 
Tuesday, December 10, 2019
Commercial Building & Real Estate, Construction & Property, REIT, Americold, Real estate investment trust, Dividend, Warehouse

Americold Realty Trust (NYSE: COLD), the worlds largest publicly traded REIT focused on the ownership, operation and development of temperature-controlled warehouses, today announced that its Board of Trustees has declared a dividend of $0.20 per share for the fourth quarter of 2019, payable to holders of the Companys common shares and operating partnership units.

Key Points: 
  • Americold Realty Trust (NYSE: COLD), the worlds largest publicly traded REIT focused on the ownership, operation and development of temperature-controlled warehouses, today announced that its Board of Trustees has declared a dividend of $0.20 per share for the fourth quarter of 2019, payable to holders of the Companys common shares and operating partnership units.
  • The dividend will be payable in cash on January 15, 2020 to shareholders and unitholders of record at the close of business on December 31, 2019.
  • Americold is the worlds largest publicly traded REIT focused on the ownership, operation and development of temperature controlled warehouses.
  • Based in Atlanta, Georgia, Americold owns and operates 176 temperature-controlled warehouses, with over 1 billion refrigerated cubic feet of storage, in the United States, Australia, New Zealand, Canada, and Argentina, as of September 30th, 2019.

Americold Realty Trust Signs Definitive Agreement to Acquire Canadian Temperature-Controlled Operator - Nova Cold Logistics - and Acquires Two Mid-Atlantic Facilities

Retrieved on: 
Thursday, November 21, 2019
Commercial Building & Real Estate, Construction & Property, REIT, Americold, Retail, Video game companies, Electronic Arts, Video game industry, Business economics

The closing of the acquisition is subject to customary closing conditions and is expected to occur in the first quarter of 2020.

Key Points: 
  • The closing of the acquisition is subject to customary closing conditions and is expected to occur in the first quarter of 2020.
  • We are excited to expand our infrastructure and presence in Canada and Mid-Atlantic U.S. with these highly strategic locations and modern facilities that offer compelling growth opportunities.
  • We look forward to welcoming all the new Associates to our team, stated Fred Boehler, President and Chief Executive Officer of Americold.
  • Americolds facilities are an integral component of the supply chain connecting food producers, processors, distributors and retailers to consumers.