COMMERCIAL PROPERTY, SALES & LEASING
SYDNEY’S industrial vacancy rate has come down to just 0.2% – the lowest in the world – and occupiers are baulking at...
After being the most active industrial city in the country in recent years, take-up for industrial warehouses slowed...
Speculative supply in Melbourne will jump by 42% in 2023 compared to 2022, although demand will continue to outweigh supply by...
“Industrial occupiers have recently shown a greater desire to accommodate newer, modern premises to meet operational efficiencies and...
“The shift in industrial preferences has led to short-term shortages of speculative supply to cater for latent demand and...
“The issue is that demand isn’t being met, as there’s not enough new supply, making speculative stock extremely competitive and ...
Colliers expects supply to fall well short of demand, pushing the record low vacancy even further, with Melbourne’s industrial vacancy rate at...
That has led to speculative rents increasing by 11.8% over the past 12 months, a trend more pronounced in Melbourne’s north and...
Colliers data shows that 761,000 sqm of speculative supply will be delivered in Melbourne in 2023, of which 374,000 sqm has already been...
Vacancy levels continue to be at an all-time low in Sydney due to the lack of available space, with no more than...
Sydney
CBRE’s Western Sydney managing director Michael O’Neill said new vacancy for the remainder of 2023 is limited, so market...
“However, occupiers are becoming increasingly reluctant to take additional space at new asking rents, which has been compounded by...
CBRE data also showed the Brisbane market has remained relatively stable, with vacancy averaging 0.6%. The south precinct now has...
Perth is also at 0.6%, remaining extremely despite a small increase, with most of the take-up in the east and south precincts...
Adelaide’s overall vacancy rate also averages sub 1%. The north precinct saw its vacancy slashed from 1.5% at the start of the year to zero...