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Industrial | Asia


Teska Carson (9421 7000) is marketing a very well located warehouse in a sought after precinct of Richmond on Melbourne’s CBD fringe. The property will be auctioned on Friday, March 2 at 1pm on site. 


Perth based GM Property Group has sold a major Blackburn industrial asset to property investment group Forza Capital for $31.5 million on a passing yield of 6.6 per cent in the first significant industrial deal of the new year.


According to global property advisor CBRE, strong international investor appetite for logistics real estate fuelled by e-commerce growth and demand for last-mile logistics, combined with an abundance of institutional capital in the global market, is driving increased investment in the sector that is expected to continue in 2018.


Vertical industrial properties are now in high demand across metropolitan Sydney to cater for the increase use of e-commerce and fulfilment of "last-mile delivery" promises.


The imminent arrival of online giant, Amazon, has seen a surge in demand for industrial warehouses, with gross leasing activity accelerating past historical benchmarks in the third quarter of 2017, according to JLL research.



Developers are now meeting the demand for industrial property by constructing speculative sites then offering them for lease once completed.


The imminent arrival of Amazon, tough retail trading conditions and wary consumers have not put investors off retail shopping strips.


One of the largest sheds in the southern hemisphere, a half-a-kilometre-long storage and distribution facility the size of eight MCG playing fields, has won a 6 Star Green Star As Built rating.



In one of the largest industrial property leases for some time, DV Schenker, a large multi-client contract logistics business, has leased a former Masters distribution facility for the next decade.



The scarcity of space and soaring land costs and rent have led industrial property owners to reach for the sky – literally – as they construct multi-level warehouses.



Private investors are swooping on industrial properties offloaded by their former owner-occupiers.


South Sydney land values have jumped by 24 per cent in the past two years as demand for industrial property is on an upward trajectory, boosted by e-commerce and the arrival of Amazon, which needs smaller warehouses closer to town.



German industrial giant Siemens and paint manufacturer Dulux are set to offload property into the hottest market since the global financial crisis.



Greg Goodman, the chief executive of the Goodman Group, has described changes in the way warehouses operate as "generational".


Goodman Group will use a potential windfall of $2 billion from looming asset sales to develop highly automated logistics centres where artificial intelligence will boost efficiency for tenants.


Following a false start last year, the Stambo's Group appears to have found a buyer for the abandoned former Morlynn Insulators factory in Yarraville, six kilometres west of the CBD.


Real estate experts and leading policymakers gather for high-level inaugural event


Perth-based fund manager Mair Property Funds has swooped on two industrial facilities in Melbourne's west in a $20.3 million off-market deal.


A total of 39 awards will be presented, including new recognition for mixed-use and universal design development


The price of industrial land in Melbourne's fringe suburbs has surged up to 20 per cent in some areas as the supply of ready-to-develop lots dries up.