Cold storage REIT plans major expansion into Singapore

Lineage Logistics, a temperature-controlled industrial REIT and logistics solutions provider, has acquired Mandai Link Logistics, marking the company’s market entry into Singapore. Financial terms of the transaction were not disclosed.

Mandai serves as a one-stop hub for refrigerated food distribution in Singapore, with a full range of solutions including procurement, transport and warehousing. It has a fleet of refrigerated trucks and has a facility that can house 28,000 pallets.

Mandai's main facility is fully automated, has integrated solar power, and has a rainwater collection system for washing its refrigerated trucks.