Victoria

Melbourne Industrial Research

Melbourne Industrial Market Overview


July 2018 highlights:

  • Pre-lease activity reach an ll-time high in 2017, as the flight to purpose-built facilities continues. Nevertheless, demand for cost-effective existing stock has pushed up face and effective rents.
  • The shortage of industrial land has placed upward pressure on land values and has also made way for new industrial land outside of the metropolitan area.
  • Despite the scarcity of investment opportunities, investors in the industrial sector remained active, causing further yield compression in both prime and secondary markets.

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Written By

Jane Wong
Analyst, Research & Consulting
+61 3 9604 4650
Jane.Wong@au.knightfrank.com

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