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.
Warwick Farm warehouse leased to National event and exhibition specialists Clifton Productions - LJ Hooker Commercial & JLL
National event and exhibition specialists Clifton Productions have secured a new premises in Sydney’s South West through a leasing campaign managed by LJ Hooker Commercial Bankstown Director Jon Orsborn and JLL’s Adam Scimone.
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.