Welcome to the first edition of SPACE Industrial for 2019, which showcases our premium listings across the country, features editorials and some of our latest market reports.
As I settle into my new role as Knight Frank’s Head of Industrial for Australia I’d like to take a moment to wish you all a prosperous 2019. Coming from the client side I am looking forward to working with you throughout the year to ensure we meet your industrial property requirements.
We are delighted to announce the promotion of Geoff Thomson to Partner, Head of Industrial, Western Australia and John Swanson, Director, Head of Western Sydney, New South Wales.
It has been an exciting start to the year for the Industrial business, with a number of key transactions finalised across all markets.
In Brisbane, we leased 49,000 sqm of space, across six assets in Q4 2018 alone.
In Sydney, on behalf of Primewest, we leased an 8,459 sqm industrial facility at 58 Huntingwood Drive, Huntingwood to Koch and Co; while our Melbourne East team negotiated the sale of a 4.96 ha development site at 649-655 Springvale Road, Mulgrave for $26 million.
Our Adelaide team leased a 2,080 sqm manufacturing facility at 41-43 Barfield Crescent, Edinburgh North to Wheel and Barrow, and our Perth team leased a large transport facility to Warners Transport & Distribution with a GLA of 9,313 sqm at 15 Ashby Close, Forrestfield.
In this edition of SPACE Industrial, we investigate if rent growth is here to stay with a national snapshot of what’s been happening in the past year. Our local operatives provide a coal face perspective, focusing on their key precincts.
We turn the spotlight on the Brisbane team and their collective experience of 100 years. What makes them stick together?
In our Q&A section we meet the dynamic duo, Marco Sandrin and Brent Glassford, and talk to them about the point of difference they bring to the North Melbourne industrial market.
We’ve made this edition’s ‘Industriaword’ harder to crack – can you solve it? Find the hidden word for your chance to win an industrial toolkit.
I invite you to contact any of our national operatives who will happily respond to your enquiry or connect you with your local expert. When you interact with Knight Frank, you are connecting with more than one person, or one group – you are connecting with the entire global Knight Frank team.
As always, we trust you will enjoy our latest edition of SPACE Industrial.
Partner, Head of Industrial, Australia