In the dynamic realm of Victorian industrial and logistics real estate, mastery of data is paramount. Within Colliers' Victoria Industrial & Logistics team, specialists like Kei Xu and Ali Akbarian spearhead efforts to harness VIC-specific insights, reshaping industry standards, and delivering outstanding outcomes for clients.

Kei and Ali meticulously track market transactions, monitor vacancies, and dissect trends unique to Victoria's industrial and logistics landscape. Their data-centric approach empowers clients with a competitive advantage, guiding them towards decisions that transcend market fluctuations and drive success in Victoria's distinct market environment.

To expedite success, Colliers' Victoria Industrial & Logistics team leverages cutting-edge technologies, including proprietary data platforms alongside tools like Tableau and SA1. These platforms not only visualise data but also distil actionable insights, ensuring alignment with Victoria's dynamic market dynamics.

Reflecting on market trends, Ali notes, "Industrial vacancy rates have seen a slight uptick, reaching 1.23% in Q2 2024." Kei adds, "Despite this increase, it remains below historical levels, showcasing resilience in the market. Leasing transactions remain robust, with pre-leases continuing to play a significant role. Rental rates have experienced substantial growth, with prime-grade net face rent increasing by 28% over the past 18 months, indicating buoyancy in market sentiment."

As experts in Victorian industrial real estate, Kei and Ali are committed to innovation, shaping industry norms, and fostering client prosperity in Victoria's evolving market. Guided by data, they navigate market intricacies, positioning clients for success and defining the future of the industry.

Their dedication to data-driven insights is exemplified in a recent case study from the first half of 2024, where Kei and Ali's expertise directly contributed to a client's successful investment. At 39 Exchange Drive, Pakenham, Kei and Ali provided crucial advisory services both to the vendor seeking to list the property and prospective purchasers eager to capitalise on its potential upside. This significant transaction, valued at $25,000,000, involved a 68,240sqm industrial 1 zoned land holding with exceptional future development fundamentals.

Their approach was anchored in a comprehensive analysis encompassing location scores, current and projected vacancy rates, as well as compelling leasing evidence for low site coverage along major roadways. This meticulous assessment enabled them to guide their clients with precision, leveraging data-driven insights to navigate complex market conditions and achieve exceptional outcomes.

Kei emphasises that data isn't just a tool; it's the linchpin of the industry's evolution. Guided by their expertise, Kei and Ali drive innovation, shaping Victoria's industrial real estate landscape and defining industry trajectories one data point at a time.

Moreover, Kei Xu and Akbarian serve as the support behind the agents at Colliers, providing essential data analysis and market insights. While agents focus on client interactions and deal execution, Kei and Ali work behind the scenes to ensure that these activities are informed by comprehensive data and strategic analysis. Their meticulous tracking of market transactions, extraction of valuable insights, and utilisation of advanced technologies equip agents with the knowledge and resources needed to deliver exceptional outcomes for their clients.

With an unwavering focus on Victoria-specific insights and a commitment to excellence, Colliers' Victoria Industrial & Logistics team stands at the forefront of the industry. Their rigors analysis, coupled with advanced data technologies, ensures clients receive unparalleled strategic guidance, driving success and unlocking new opportunities in Victoria's dynamic market.

Related Readings 

Innovating with technology to unlock opportunity – Colliers & SA1 Property