Second strongest yearly result of gross take up of logistics and industrial space in 2022 - JLL
JLL Research has recorded 3.2 million sqm of gross take up of logistics and industrial space in 2022, the second strongest yearly result following a record-breaking year in 2021.
LOGOS secures Ingham’s at its 20ha Hazelmere Logistics Estate WA, set for completion by August 2023
LOGOS, has commenced construction for a 9,845sqm, temperature-controlled distribution warehouse for Ingham’s at LOGOS’ Hazelmere Logistics Estate, WA, who have taken a long-term lease on the facility.
Owner occupier out bids developers and investors for Airport West property sold by NSL Property Group
Attracting over 125 enquiries, the 738sqm vacant industrial site sold for $1,075,000. 16 King Street Airport West sold to a rapidly expanding tow company Local Towing & Salvage in a deal negotiated by Guy Naselli of NSL Property Group.
UniSuper to acquire large infill Melbourne industrial property $105m
Highly sought-after 13 hectare industrial property at 1-7 Cawley Road Yarraville Victoria sold to UniSuper for $105 million. The acquisition was facilitated by real estate investment management firm Richmond Bridge. CBRE’s Mark Granter and Chris O’Brien, along with Chris Jones from Dawkins’...
Melbourne growth corridor landmark industrial asset sold to Aliro Group and ISPT for $95 m by Colliers
The 12.21 hectare Dandenong South industrial site sold on behalf of IVECO to Aliro Group and ISPT, who plan on redeveloping the site into a premium logistics estate. 1-27 Princes Highway sold by Colliers’ Daniel Telling, Gordon Code, Gavin Bishop, and Sean Thomson.
Technology is becoming key to optimise warehouses as limited stock makes it harder to move says Colliers and Argon & Co
Through an industry-first collaboration with global management consultancy Argon & Co, Colliers is able to deliver a complete end-to-end supply chain and logistics solution for industrial occupiers as clients are increasingly looking for innovation within their current network to reduce...
I&L National vacancy figure falls to record low of 0.6%, Sydney tightens further to 0.2% - CBRE Research’s H2 2022 report
Year-on-year rent growth reaches 25.3% as the vacancy rate in Australia continues to fall and sits at a new record low, with the downward movement reflecting the chronic undersupply of stock, says, Sass J-Baleh CBRE Head of Industrial & Logistics Research Australia.
Owner-occupiers drive competition as sale rates remain robust across southwest Sydney and set to continue in 2023 says Coutts Wetherill Park
Competition for quality industrial assets remains strong as owner-occupiers continue the trend of paying record prices for warehouses to secure their position for future business'' says David Ferreri Director of Coutts Wetherill Park.
Cushman & Wakefield further strengthens its Industrial and Logistics platform across Australia and New Zealand
Cushman & Wakefield announce that Tony Iuliano, has joined to lead its Industrial & Logistics platform across Australia and New Zealand as International Director - Head of Industrial & Logistics ANZ. Tony is joined by Adrian Rowse, National Director – Industrial & Logistics,...
