Industrial & logistics becomes Australia’s largest commercial property sector at $300 billion - CBRE
Australia’s industrial & logistics investment universe has reached close to $300 billion to be on par with the office sector for the first-time following record rental growth nationwide said, CBRE’s Australian Head of Industrial & Logistics Research Sass Jalili.
Demand has proved resilient with 4Q23 as evidence of a weakening rental growth outlook in some precincts - JLL
Industrial demand remains resilient in 4Q23 and rents kick by 3.9% q-q. JLL Research has recorded robust industrial and logistics take up nationally in 4Q23. By JLL’s Head of Industrial & Logistics - (Australia) Peter Blade and JLL’s Head of Strategic Research - (Australia) Annabel McFarlane...
New industrial development to be driven by demand for efficiency - Knight Frank
Demand for new industrial development will continue to be strong in Australia driven by the ongoing drive for efficiency, according to Knight Frank’s recently released outlook report Australian Horizon 2024.
Economic market conditions unable to unseat Industrial’s golden child status, with prime weighted average rents expected to increase by 8.5% nationally, over 2024, according to Colliers Industrial & Logistics Investment Review 2024.
Colliers launches 2024 Global Investor Outlook - As industrial sectors continuing to lead the charge
On a sector basis, industrial and logistics (I&L) has overtaken office as the asset class of choice for investors in the region, with 25% of investors naming I&L their preferred sector vs. 23% for office, followed by multifamily/BTR (14%), retail (11%) and hotels (11%) says Colliers 2024...
Growth in Adelaide’s industrial market underpinned by an ongoing demand-supply gap - Knight Frank
According to David Ludlow, Knight Frank Director, Head of Industrial Logistics, South Australia, market fundamentals in Adelaide’s industrial market are strong, with ongoing occupier demand and a lack of supply continuing to drive growth.
Industrial rents in Australia still have further to rise, according to Knight Frank’s Australian Horizon 2024 report
Despite sustained and substantial growth in industrial rents over the past three years in Australia, they still have further to rise, with Sydney, Brisbane and Melbourne to have the strongest growth in 2024, according to Knight Frank’s Australian Horizon 2024 report.
Rental growth in Brisbane’s industrial market eases over Q2 but is set to continue - Knight Frank
Knight Frank’s Australian Industrial Review Q2 2023 found vacant space in Brisbane’s industrial market increased 15 per cent over Q2 to be 261,166sq m, but remains 16 per cent below that of one year ago.