ESR first speculative Queensland industrial development leased by CBRE
ESR Australia’s first speculative Queensland development its emerging ESR Sherbrooke Industrial Estate Willawong leased prior to practical completion. 430 Sherbrooke Road leased by CBRE Jack Hardy Peter Turnbull and Michael Richardson.
LOGOS Acquires a Prominent Industrial parcels with end value $640m
LOGOS, with partners KKR and Mubadala Investment Company, have acquired a large-scale industrial land parcels in Sydney and Victoria with a combined development end value of A$640m negotiated by Colliers CBRE and Fitzroys.
Why logistics firms are piling into bigger warehouses JLL
JLL’s Future of Global Logistics Real Estate survey, particularly for warehouses between 10,000 to 50,000 square metres. The average size of warehouses leased in Sydney over the past year...
Substantial Mortdale industrial development site for sale – CPG
CPG’s Ryan McMahon and Hayden Bennett are seeking expressions of interest for one of the largest industrial land holdings for sale 51A Anderson Road Mortdale Peakhurst industrial precinct in the St George/Georges River region.
Take-up of industrial real estate continues to soar says Coutts Wetherill Park
Demand continues to significantly outstrip supply – with availability at a record low, rents have inevitably been increasing. This has not just been prime industrial stock, but also secondary stock”, says David Ferreri of Coutts Wetherill Park.
Victorian SPC facility sold to Charter Hall off market for $66m with 30-year triple-net lease by CBRE
Charter Hall Group announce that the Direct Industrial Fund No.4 (DIF4 or the Fund) acquired SPC’s facility in Shepparton, Victoria for $66 million with a 30-year triple-net lease and an initial passing yield of 6.1% brokered by Chris O’Brien, Ben Hegerty & Andrew Bell of CBRE.
Industrial incentives down, rents up as lack of availability bites for tenants says JLL research
Industrial real estate landlords are benefitting from elevated levels of tenant competition, shows new JLL 4Q research from Annabel McFarlane JLL Senior Director of Logistics & Industrial Research - Australia and Peter Blade JLL’s Head of Industrial & Logistics Agency - Australia.
Frasers Property Industrial secures 5-year lease at Canvas West estate in Victoria negotiated by Colliers
Frasers Property Industrial Australia 42.3-hectare master-planned Canvas West estate in Melbourne’s west has secured a five-year pre-lease deal with leading wholesaler of fabrics for blinds company Shaw Fabrics. Hugh Gilbert and Siobhan O’Reilly from Colliers brokered the deal.
Acceleration in data centre investment with significant pipelines underway says Colliers
According to IBM, a whopping 90% of the world’s data has been created over the last two years. Australian operators have responded to demand with a large pipeline of future capacity on the way, which has the potential to more than double existing supply. As outlined in Colliers’ Data Centre...