Melbourne Industrial Briefing: Q2/2019
We are pleased to release the Q2/2019 Industrial Briefing Notes for Melbourne, which will outline key metrics across each market’s precinct, with detailed commentary on leasing, sales and development activity, infrastructure and an outlook for the market.
- In the 12 months to June 2019, there was a significant increase of investment movement with approximately $1.543 billion worth of transactions recorded
- Over 12 months to June, prime industrial rents rose in the South East and the Eastern precincts
- The current compression cycle to likely continue with an investor focus on specialised assets
- Over 128,000 square metres of new industrial supply has been completed over the first half of 2019