Cryosite Limited (ASX: CTE) (“Cryosite” or “the Company”) is pleased to announce that it has entered into a binding contract to acquire a strategic freehold warehouse facility at 100 Adderley Street West, Auburn, NSW.

The acquisition represents a significant milestone in Cryosite’s short and long-term growth strategy, providing critical additional capacity to support growing client demand and the expansion of business operations.

Cryosite’s Executive Director, Andrew Kerr, said:

“The acquisition of 100 Adderley Street West secures a strategically located freehold property that addresses Cryosite’s capacity constraints and positions us to capitalise on the rapidly expanding demand for storage of Investigational Therapies & Biologicals in Australia. This is an investment in capacity expansion and operational resilience that will drive long-term shareholder value.”