Demand for B-Grade Industrial stock drives prices in Western Sydney says Coutts
David Ferreri Director at Coutts Wetherill Park told, The INDUSTRIALIST,” Western Sydney industrial vacancy has continued to fall. We have observed the rise of online sales and the confidence by some retailers to increase imports which has led to short term increased stockpiling driving the...
Penrith Industrial sold at Auction $4.7m by PRD and CBRE
An investor has swooped on a newly-renovated and tenanted Penrith industrial sold for $4.7 million at auction. CBRE Brendan Wein, Matthew Alessi and John Micallef managed the sale campaign on behalf of Rise Projects, in conjunction with Jay Morosi and Robert Tappouras of PRD Commercial.
Concrete supplier XL Group lease Smithfield site by CBRE
Growing concrete specialist XL Group will add a base in Smithfield to its Yennora headquarters in Sydney’s west. CBRE Janet Joljian and Elijah Shakir secured the tenancy on behalf of the vendor, Snowside Pty Ltd.
Penrith City Council buys 16 ha of industrial land in Emu Plains to boost local economy
Penrith City Council today announces the purchase of 16.29 hectares of industrial land at 158-164 Old Bathurst Road, Emu Plains, to enhance local employment opportunities and stimulate the local economy.
Australian Industrial and logistics vacancy rates hit historic lows CBRE
The industrial vacancy rate across Australia’s major cities has fallen to a historic low of 2.24%, following occupier take up of space equating to the size of inner-city suburbs such as Glebe in Sydney or Carlton in Melbourne. CBRE Industrial Vacancy Report tracks net absorption across Australia...
Western Sydney land market experiencing unprecedented levels of demand - Colliers
Colliers latest Industrial Development Update has found that demand for industrial land in Western Sydney continues unabated as institutional groups adopt a build-to-core strategy.
Retired toolmaker sells Smithfield property for $3.21m at 3.43% net by CBRE
The former owner of industrial equipment manufacturer Quality Tool & Die NSW companys long-time base at 95 Percival Road sold for $3.21 million negotiated by Janet Joljian of CBRE.
Centuria Capital lease to Soudal in Glendenning negotiated by CBRE
The Australian arm of sealant, construction foam and adhesive manufacturer Soudal has moved into 75 Owen Street, Glendenning. CBRE John Micallef, Moshe Greengarten and Cam Grier negotiated the lease to Soudal on behalf of Centuria Capital.
Oxworks one of Australia’s largest fencing manufacturers secure Smithfield premises negotiated by Coutts
Continuing the theme from 2020, the Sydney industrial property market remains tight as the middle of 2021 approaches. Coutts Wetherill Park Director David Ferreri in conjunction with JLL recently negotiated a 1,105sqm lease deal at 8 Cullen Place Smithfield.
New Zealand’s premier Large Format Retail asset for sale - JLL
JLL’s Australian & New Zealand Retail Investment Teams Nick Willis and Sam Hatcher and Auckland based, Jonathan Ogg and Harry Fergusson market the powerhouse Large Format Retail (LFR) Centre, Manukau Supa Centa for sale.
Institutional investment in APAC real estate rises to circa $156 billion - Colliers
Institutional investments in the Asia Pacific real estate market increased 12% year-on-year to reach US$155.9billion in 2024, according to new research says Chris Pilgrim, Colliers’ Managing Director of Global Capital Markets, Asia Pacific.
5-Star Sydney CBD Hotel for sale by HTL Property & Stonebridge Property Group
HTL Property expert Andrew Jackson, in conjunction with Stonebridge Property Group expert Lincoln Blackledge, market the 5-star SKYE Suites Sydney and Our Skittle Place Retail for sale.
Industrial continues to be the favoured commercial real estate sector - Knight Frank
Industrial property continues to be the favoured sector for private investors both in Australia and globally, according to Knight Frank’s recently-released The Wealth Report 2025.
