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1.Market Observations, 8.Was Sticky

8 Jan 2018 (AFR) – Industrial property a hot commodity in 2018

(8 January 2018, AFR, p30, by Larry Schlesinger)

Top five lowest yields by region (CBRE)

Top five lowest yields by region (CBRE)

‘The once-humble industrial shed looks set to be one of the most sought after asset classes by real estate investors in 2018 as the growth in e-commerce drives up demand for modern logistics facilities. Prime industrial property in Western Sydney, where zoned land is scarce and rents are rising, will be particularly sought after, as will new, modern facilities and development sites in the best industrial precincts of Melbourne and Brisbane. “2018 will see continued strong demand from customers for good quality locations,” says Greg Goodman, chief executive of Australia’s biggest and…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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