Rabobank, QuadReal and Oxford Properties took part in the cold chain logistics group’s latest round, taking its funding to $6bn in the past two years.

US-headquartered cold supply chain service Lineage Logistics secured $1.7bn yesterday from investors including financial services firm Rabobank, representing one of the largest corporate-backed rounds for a logistics provider in recent months.

Real estate developers QuadReal Property Group and Oxford Properties took part in the round, as did BentallGreenOak, CenterSquare Investment Management, Cohen & Steers, D1 Capital Partners, Healthcare of Ontario Pension Plan (HOOPP), NYSTRS, OP Trust and StepStone.

Founded in 2012, Lineage provides refrigerated shipping and temperature-controlled warehouse services for…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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