Industrial rents and land values in Adelaide continue to rise - Knight Frank
Rental growth is continuing in Adelaide’s industrial market as demand for premium space remains strong, despite increased vacancy, according to the latest research from Knight Frank’s Australian Industrial Review Q4 2023.
Data centre operators have been active in the land market with several major sales recorded over the past two years. Colliers Industrial & Logistics experts have been leading the charge in this space, assisting multiple occupiers and purchasers.
Brisbane’s prime industrial rents grow by 15% in 2023, despite record new construction
Brisbane was the only capital city on Australia’s East Coast to record a fall in industrial vacancy over the fourth quarter of 2023, according to the latest research from Knight Frank.
Colliers Brisbane Industrial & Logistics team consistently monitor market activity and ensure clients are kept updated on how it impacts their business ensuring their clients stay well-informed about all opportunities.
Industrial vacancy increases across Australia’s East Coast as market normalises, Knight Frank research
Knight Frank’s Australian Industrial Review Q4 2023 found available industrial space increased by 7% in Q4 across the eastern seaboard, however vacancy remains 42% below the level two years ago and 70% below the 2020 peak.
Future trends: Industrial demand normalizing but set to strengthen in 2024 -JLL
The outlook for 2024 is positive, with an anticipated increase in activity in several major markets due to pent-up demand from occupiers who put new deals on hold over the last year - JLL Global Real Estate Perspective.
The urgency of going vertical while endorsing ESG fundamentals in the Industrial and Logistics sector – Colliers
The Australian I&L sector is evolving into sophisticated and greater-scale assets while finding its environmental and sustainability purpose, Colliers’ Australian Industrial & Logistics (I&L) review says.
