Industrial rents accelerate setting a new benchmark for growth says JLL
JLL Research has recorded a seventh consecutive quarter of above average occupier take up in logistics and industrial markets. JLL’s Head of Industrial & Logistics Australia, Peter Blade said, “The challenge for tenants will get worse before it gets better,"
Salta Properties Nexus Industrial Estate leased to Kings Group
Salta Properties Nexus Industrial Estate Dandenong South leased to Kings Group. Salta Properties, Managing Director Sam Tarascio welcomed Kings Group, which has signed a five-year lease as the latest tenant at the industrial precinct.
Villawood industrial sale sets new local record - Savills
An undisclosed local owner-occupier has purchased a freestanding warehouse at 199 Miller Road, Villawood from Skipper Property for $9.6 million - reflecting a strong market rate.
Australia’s I&L vacancy rate now world’s lowest - CBRE Report
According to a CBRE Report, Australia now has the lowest industrial and logistics vacancy rate in the world, after falling to 0.8% through the first half of 2022, Sass J-Baleh and Cameron Grier, CBRE.
