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Cryosite Secures Freehold Warehouse, Doubling Storage Capacity in Sydney
11:31am on Wednesday 1st of October, 2025 AEST
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Healthcare
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Cryosite Secures Freehold Warehouse, Doubling Storage Capacity in Sydney
11:31am on Wednesday 1st of October, 2025 AEST
Key Points
Acquisition of 2,121 sqm freehold warehouse in Auburn, NSW
Storage capacity to more than double, easing current facility constraints
Purchase price of $9.5 million, below market comparables
Funding through cash reserves and new debt facility from a major Australian bank
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