Long anticipated strong rental growth for industrial takes off in 1Q 2022 says JLL Research
JLL’s 1Q 2022 Research figures have recorded the strongest industrial rental growth for more than 25 years. JLL Head of Industrial & Logistics - (Australia) Peter Blade said, “Prime net face rents are accelerating across the country with double digit face annual rental growth in many markets...
Southern Sydney industrial site sold to Coombes Property Group $25.25m by Colliers
The 7,435sqm site 2 - 4 Hale Street Botany sold to Coombes Property Group at a land rate of circa $3,400 per sqm. Colliers Industrial Director Tom Barnier and Industrial Executive Jeremy Green sold the property.
Perth Industrial site sold for $7.713m through JLL
An owner occupier has paid $7.713m for an industrial property at 33-37 Nadine Close High Wycombe WA sold by JLL Director Andrew Fife and Head of Industrial WA Nick Goodridge.
Potts Hill development site sold for $32 million Knight Frank
An 18,900sq m industrial/commercial development site at 10 Nelson Short Street Potts Hill sold for $32 m to local developer in a deal negotiated by Demi Carigliano, Anthony Pirrottina and Darren Benson of Knight Frank.
2022 Industrial rents on the march - in some markets rents rising by $5/sqm a month says CBRE
Face rents for super-prime Industrial & Logistics in Australia’s five major cities rose an average of 6.6% year-on-year through a record first quarter of 2022, 11.9% in Sydney. As east coast wet weather compounds supply issues plus demand continuing to outstrip supply and vacancy sitting at...
JLL strengthens NSW Industrial & Logistics team in response to rapid business growth
Record-breaking occupier demand in 2021, coupled with rapid business growth has seen JLL’s NSW Industrial & Logistics team expand with a number of strategic new appointments.
Brisbane logistics facility sold to Centennial for $7.9m by Savills
Centennial Property Group announced its “off-market” acquisition of an industrial & logistics asset in Brisbane’s south-west corridor for $7.9m. 43 Clinker Street Darra Queensland sold by Savills Industrial & Logistics Qld State Director Callum Stenson.
JLL Supporting the future of sustainability in the supply chain and logistics industry
JLL has reinforced its commitment to driving sustainable outcomes in the supply chain and logistics industry by recently partnering with uTenant as co platinum sponsors of the 60th Australian Supply Chain & Logistics Association Awards.
Prime Western Freeway site near Ballarat for sale by Caine Property and Colliers
A parcel of land with substantial frontage to the busy Western Freeway just outside Ballarat is attracting keen interest from developers in the vicinity of $15million. The Ballarat area development site for sale by Caine Property’s Damian Caine and Colliers’ Andrew Lewis and James Lawson.
