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Eastern seaboard industrial vacancy rate to remain at low levels despite supply increase: report

Domestic population growth and global demographic changes will contribute to keeping Australia’s industrial vacancy rate relatively low, according to JLL’s Director of Industrial Research, Sass J- Baleh.

National

Markets

Industrial capital forecast to grow with $30 billion 'ready to be deployed'

Australia's industrial and logistics market could be set to reach new heights after JLL identified $30 billion in investment capital for assets within the sector as part of its Australian Industrial Investment Review & Outlook 2020.

Queensland (Qld)

Markets

Challenges ahead for the Queensland building industry

Paul Bidwell of Master Builders Association, Queensland said many changes in the industry will make 2020 a challenge.

News Roundup

https://www.therealestateconversation.com.au/2019/11/20/sydneys-most-expensive-property-has-sold-140m/1574211855

Sydney's most expensive property has sold for $140m

Kylie Rampa CEO of Property Lendlease says the $140 million sale of the One Sydney Harbour penthouse and sub-penthouse presents a paradigm shift in Australian property smashing $100,000 per square metre.

The Real Estate Conversation

https://www.commo.com.au/news/2019/11/20/trophy-office-development-north-sydney-sold-cbre-global-investors/1574220399

Trophy office development in North Sydney sold to CBRE Global Investors

CBRE Global Investors has acquired 118 Mount Street, North Sydney via fund-through transaction on behalf of a German real estate Spezialfonds.

COMMO

https://www.theaseandeveloper.com/news/2019/11/15/buildcap-launch-third-martha-cove-project/1573771279

Buildcap launch third Martha Cove project

Developer Buildcap has announced the launch of a new luxury development in the heart of Victoria's Mornington Peninsula.

The ASEAN Developer

https://www.thehotelconversation.com.au/news/2019/11/20/brewdog-launch-30-million-production-brewery-and-tap-room-brisbane/1574219182

BrewDog launch $30 million production brewery and tap room in Brisbane

Scottish craft brew powerhouse BrewDog are preparing to turn the taps on their new Brisbane location with beers available from the brewery and tap room from tomorrow.

The Hotel Conversation

https://www.thebusinessconversation.com.au/news/2019/11/20/could-aussie-design-put-end-plastic-shopping-bags-and-retailer-trolley-woes

Could this Aussie design put an end to plastic shopping bags and retailer trolley woes?

Perth woman Jeanne O’Donnell created personal trolley Shoppa Cart after becoming frustrated at the need to pack reusable shopping bags for her twice-weekly grocery shop.

The Business Conversation