Industrial rents in Australia still have further to rise, according to Knight Frank’s Australian Horizon 2024 report
Despite sustained and substantial growth in industrial rents over the past three years in Australia, they still have further to rise, with Sydney, Brisbane and Melbourne to have the strongest growth in 2024, according to Knight Frank’s Australian Horizon 2024 report.
Regional Victoria becoming an increasingly attractive alternative for industrial users
With limited zoned industrial land left for development in metropolitan Melbourne leading to rising rents and land rates, more and more industrial occupiers are looking for another option - and a great alternative can be found in regional Victoria.
Industrial rents surprise on the upside and kick again in 3Q23 - JLL
JLL Research has recorded a ninth consecutive quarter of very strong rental growth as average national industrial net face rents increased by 4.2% q-q and 17% over the last 12 months.
According to Orlando Maciel, Knight Frank Partner, Head of Industrial Logistics, New South Wales, despite a slowdown in momentum from what was a very hot market, the New South Wales industrial market is still seeing plenty of activity.
According to, Angus Klem, Knight Frank Partner, Head of Industrial Investments and Head of North Sydney, land values across Australia’s Eastern Seaboard have broadly stabilised, following consecutive periods of extraordinary growth.
Will the industrial development pipeline be put on pause? - Knight Frank
Over the past few years we saw a boom in the industrial property market due to the huge growth in online retailing during COVID by James Templeton Knight Frank Partner, Managing Director, Victoria & National Head of Industrial Logistics.