australia industrial property market
Australian industrial transaction volumes ‘subdued’ at $2.5m in Q3
Australian industrial transaction volumes ‘subdued’ at $2.5m in Q3
Brisbane attracted smaller private capital whilst Sydney and Melbourne got larger deals.
Here’s how the industrial property sector fared in various Australian regions in Q3
Leasing volumes in Outer West Sydney and Brisbane were subdued.
Australian industrial property sector to see solid demand in the long-term
Rising transportation costs is one of the key reasons.
Adelaide annual industrial supply to exceed 100,000sqm for three years in a row
The last time this happened was in 2005-2007.
Sydney, Melbourne industrial markets driven by strong pre-lease activity
Pre-leasing accounted for 95% and 62% of take-up in Sydney and Melbourne, respectively.
Adelaide records second highest annual industrial gross take-up
The amount of warehouse space leased in the city so far in 2021 reached 243,400sqm.
Logistics accounts for over a third of Australia’s overall leasing take-up
Around 450,000 sqm of logistics space was absorbed in Q3 2021 alone.
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