Flexibility is the key to speculative development
"Brisbane’s industrial market has recorded a new time on market for industrial speculative builds, sitting at just under 7.5 months. "
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"Brisbane’s industrial market has recorded a new time on market for industrial speculative builds, sitting at just under 7.5 months. "
"In 1999, 1 million sq ft of warehouse space was let to online retailers in six months. Today 2 million sq ft is being let in a single transaction. "
"Businesses requiring industrial space for transport & logistics have committed to 332,389sq m of warehouse space in 2017."
"Why this market could become more about the land than the property built on it."
"Build to suit demand levels remain strong and in 2018 we expect grade A sites such as East Midlands Gateway and DIRFT III to absorb an increasing amount of these requirements"
"Another resolute performance across the West Midlands and with the supply remaining tight we anticipate a similar performance in 2018"
"The strong levels of take-up in the region have seen quoting rents increase which may in turn encourage developers and investors to deliver much needed speculative development"
"Investor appetite for industrial ahead of other sectors, combined with capital growth and rising rents, has almost doubled industrial property’s market share, a trend we expect to continue into 2018"
"Build costs and programme delivery time scales have stabilised into 2017"
"The fact that supply levels and vacancy rates have remained reasonably consistent for the last four years despite take-up volatility points to a market which is largely in equilibrium"