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1.Market Observations, 8.Was Sticky

27 Dec 2017 (TheAge) – Amazon to make the humble shed popular in 2018

(27 December 0217, The Age, Business, p21, Carolyn Cummins)

‘Industrial property will be one of the busiest in coming years as demand increases for storage and distribution of goods bought on the internet. There will also be a rise in demand for warehouses from the transport and logistic firms, such as DHL and FedEx to distribute the goods from the centres to customers and retailers. Schenker Australia (DB Schenker) is expanding its footprint within Frasers Property Australia’s (formerly known as Australand) Eastern Creek Business Park. Stage four of this landmark 90 hectare development is now fully leased. According to UBS’s Evidence Lab survey, ecommerce sales should continue to grow as technology changes, driven by consumer’ desire for convenience, efficiency and competitive prices.’

Read more at TheAge.com.au

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