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Atlanta , GA , November 3 , 2021 - Americold Realty Trust ( NYSE : COLD ) ( the " Company " ) , the world's largest publicly traded REIT focused on the ownership , operation , acquisition and development of temperature - controlled warehouses , today announced financial and operating results for the third quarter ended September 30 , 2021 . Third Quarter 2021 Highlights AMERICOLD REALTY TRUST ANNOUNCES THIRD QUARTER 2021 RESULTS Updates Earnings Call to Today , November 3 , 2021 at 5 PM EST Maintains 2021 Annual AFFO Guidance of $ 1.15 - $ 1.20 per Share • Total revenue increased 42.5 % to $ 708.8 million . • Total NOI increased 15.1 % to $ 155.8 million . • Core EBITDA increased 10.2 % on an actual basis , and 11.2 % on a constant currency basis , to $ 114.7 million . Net income of $ 5.3 million , or $ 0.02 income per diluted common share . • Core FFO of $ 61.5 million , or $ 0.23 per diluted common share . • AFFO of $ 69.6 million , or $ 0.27 per diluted common share . • Global Warehouse segment revenue increased 39.7 % to $ 542.0 million . Global Warehouse segment NOI increased 13.5 % to $ 145.0 million . • Global Warehouse segment same store revenue increased 2.3 % , and 2.0 % on a constant currency basis , Global Warehouse segment same store NOI decreased by 5.1 % , or 5.4 % on a constant currency basis . On August 2 , 2021 , closed on the acquisition of ColdCo in St. Louis , Missouri for $ 20.5 million . ColdCo consists of one owned facility in St Louis , Missouri , generating approximately 93 % of total NOI , and one leased facility in Reno , Nevada . ColdCo's customers are primarily focused on the storage and handling of product for direct - to - consumer distribution , and transportation services . • On September 1 , 2021 , closed on the acquisition of Newark Facility Management in Newark , New Jersey for $ 376.5 million . Newark consists of one owned facility totaling 11.5 million cubic feet that is a single - customer dedicated retail distribution center . ● Completed our expansion project in Calgary , Canada for C $ 13.2 million . Completed the 2021 GRESB Real Estate Assessment and the Carbon Disclosure Project , receiving an initial overall GRESB score of 63 , which is higher than our peer average . Year to Date 2021 Highlights ● • Total revenue increased 36.5 % to $ 2.00 billion . • Total NOI increased 17.4 % to $ 468.3 million . • Core EBITDA increased 13.6 % to $ 350.8 million , or 12.4 % on a constant currency " • Net loss of $ 22.3 million , or $ 0.09 loss per diluted common share . • Core FFO of $ 162.6 million , or $ 0.63 per diluted common share . • AFFO of $ 217.3 million , or $ 0.85 per diluted common share . basis .