Brisbane Industrial Research
Brisbane Industrial Market Overview
July 2018 highlights:
- Vacancy has continued to trend downwards, particularly for secondary space. Improving economic conditions and major infrastructure projects will boost demand as tenders are awarded.
- Land values are growing strongly in selected precincts and this will spread across the market as vacant lots are depleted and yields are low. Further price growth is needed to trigger production of the next wave.
- Yields have continued to fall with greatest demand for either long WALE or land rich assets. Prime yields are supported by the weight of funds, whilst secondary yields are supported by land values.