JLL - Some key industrial precincts will remain in severe supply deficit in 2024
Fourteen of 22 key industrial precincts are in supply deficit nationally, with four broadly balanced and only a few showing signs of oversupply, according to JLL’s Australian Logistics & Industrial Investment Review and Outlook 2024 Report.
NZ vendors Australian industrial property sold for 55% more through LJ Hooker Commercial Brisbane
A Beenleigh industrial property that was withdrawn from the market as the uncertainty of Covid-19 took hold has sold four years later at a 55% premium, through LJ Hooker Commercial Brisbane agents Ben Armstrong and John Barter.
Future trends: Industrial demand normalizing but set to strengthen in 2024 -JLL
The outlook for 2024 is positive, with an anticipated increase in activity in several major markets due to pent-up demand from occupiers who put new deals on hold over the last year - JLL Global Real Estate Perspective.
Charter Hall secures 10 Year pre-lease to online grocery retailer Marley Spoon
Charter Hall secures 10 Year pre-lease to online grocery retailer Marley Spoon and commits to construct a major warehouse and distribution facility at Wetherill Park, Sydney