Melbourne Industrial Research
February 2018 highlights:
- Total available space increased by 2.8% over Q4 2017 to measure 798,585 sqm.
- Prime vacant stock decreased by 1.9% while secondary vacant stock increased by 11%.
- Speculative space under construction accounted for 8.7% of available stock.
- Annual take-up levels were 26.8% ahead of volumes recorded in 2016.