We are pleased to launch our latest Industrial Shed Briefing Spotlight report. This edition provides an overview of recent macro, leasing demand and investment trends across Australia's major industrial and logistics markets.
Key takeaways from the report:
- Inflation is now higher for longer as investors wind back expectations of further rate rises.
- Global supply chain disruptions are easing, and upstream costs have fallen.
- Prime rents on the east coast are growing at a rate that is seven times its 15-year average.
- Investor appetite remains large, driven by the income upside and underlying demand.
- Prime yields soften 25bps but are moving less in secondary due to reversionary upside.
- There are signs that land values have peaked on the east coast.
Read our Q1 2023 Spotlight here