Industrial real estate market conditions remain tight, with space in short supply, reports CBRE

The ongoing theme of demand exceeding supply, within the industrial real estate market, remains fully intact, according to data issued this week by Los Angeles-based industrial real estate developer CBRE. CBRE explained that following a record year, in the U.S. industrial real estate market in 2021, market conditions carried over into the first quarter, with… Continue reading Industrial real estate market conditions remain tight, with space in short supply, reports CBRE

Australia ranks second in world for investment: CBRE

According to CBRE, Australia is now ranked second in the world for Asian outbound commercial real estate investment. It says Australia moved up three ranks since 2019 from fifth position to second position globally. It adds that Australia is now number one in the APAC region for the most outbound investments from Asia. The commercial… Continue reading Australia ranks second in world for investment: CBRE

North American ‘big box’ transactions continue to gain traction, reports CBRE

North American “big box” warehouse transactions by retailers and wholesalers saw significant gains in 2021, setting a record for the second straight year, according to a report recently issued by industrial real estate firm CBRE. CBRE defines “big box” warehouses as being 200,000 square-feet (SF) or larger. In its “North American Overview,” CBRE looked at… Continue reading North American ‘big box’ transactions continue to gain traction, reports CBRE

Ruby and Roy’s occupier sells property: CBRE

According to CBRE, the owners of yoghurt manufacturer Ruby and Roy’s have sold the company’s property in Smithfield for $8.2 million plus GST as the occupiers retire. CBRE’s Janet Joljian and Elijah Shakir managed the off-market sale campaign on behalf of the family-run Fab Fresh Bros. An owner-occupier pharmaceutical group purchased it. “With a severe… Continue reading Ruby and Roy’s occupier sells property: CBRE

Campbellfield land sells for $9m: CBRE

According to CBRE, GLJS Investments has sold a Campbellfield allotment of 11, 931 sqms for a record-breaking $9 million to a private investor. The property firm says the sale price has set a new land-rate record of $754 per sqms for industrial-zoned land in the area. It also says there is demand for industrial land… Continue reading Campbellfield land sells for $9m: CBRE

Investors buy almost $16b worth of assets: CBRE

The highest-ever annual investment sales in Australia were recorded last year with investors buying almost $16 billion worth of income-generating industrial and logistics assets, according to new research by CBRE. The occupier take-up has hit 4.2 million sqm and has driven the vacancy rate to a record-low of 1.3 per cent. National midpoint yields for… Continue reading Investors buy almost $16b worth of assets: CBRE

Investor interest in data centres continues to spike into 2022: CBRE

CBRE says investor interest in data centres throughout the Pacific continues to increase into 2022 over other physical alternative asset classes, with 31 per cent saying they’re interested to invest. The findings were revealed in part one of a new CBRE report series ‘Capturing the Cloud’. The sector has seen the sharpest increase compared to… Continue reading Investor interest in data centres continues to spike into 2022: CBRE