ALLHC acquires Laguna cold storage facility
AyalaLand Logistics Holdings Corporation (ALLHC) Group, a unit of property giant Ayala Land Inc., has acquired Technofreeze, a cold storage facility in Laguna.
In a statement, ALLHC said Technofreeze has a proven track record of serving companies with diverse products such as processed meat products, dairy and ice cream, and adhesives.
The Group will assume ownership of the existing operating facility, and this will be under ALLHC’s cold storage brand, “ALogis Artico.”
The facility includes seventeen cold storage rooms up to -25 °C with 4,000 pallet positions, three processing rooms with an adjustable temperature of 0 to 25 °C, four dry storage rooms with 1,600 pallet positions, two blast freezers with a combined capacity of 25 tonnes, and several office spaces.
It is accredited by the Department of Agriculture to cater to products like fruits and vegetables and likewise, meat, fisheries and aquatic products.
ALogis Artico Biñan is located within the 471-hectare Laguna Technopark, one of ALLHC’s premier industrial estates spanning the cities of Sta. Rosa and Biñan. It is accessible via the South Luzon Expressway (SLEX), just 6km away from the facility.
“We continue to adapt to changes brought about by the global pandemic. As we see a rising demand for cold chain solutions, we are grateful to Technofreeze for trusting AyalaLand Logistics Holdings to be the next owner and operator of their facility,” said ALLHC Head of Industrial Parks and Real Estate Logistics Patrick C. Avila.
He added that, “With the resources they have provided, we are able to further our goal of becoming the leading operator of industrial parks and real estate logistics in the country.”
“We always strive to enhance our products and offerings as we build our national footprint, and this acquisition marks our efforts to diversify ALLHC’s portfolio,” said ALLHC President and CEO Maria Rowena M. Tomeldan.
She noted that, “With this, we proudly take our first steps entering the cold logistics market. We look forward to serving valued customers with their cold storage requirements for years to come.”
At present, ALLHC owns Laguna Technopark, Cavite Technopark, and Pampanga Technopark in Luzon, and Laguindingan Technopark in Mindanao. Other ALogis sites are located in Biñan, Naic, Porac, Calamba, and Manila, contributing over 200,000 sqm of leasable industrial space.
Other developments of ALLHC include commercial properties, Tutuban Center and South Park Center.