Sydney tenants needing to plan years ahead

Colliers says tenants in Sydney’s southwest industrial market will be forced to plan one-to-three years ahead at a minimum due to the extreme lack of land vacancies. It notes with restricted supplies and high demands, almost 75 per cent of tenants searching for space are not securing a spot in the region. “In the last… Continue reading Sydney tenants needing to plan years ahead

Multi-storey warehouses coming to Sydney

According to CBRE, more than 350,000 sqms of multi-storey warehouse space is expected to be developed in Sydney over the next five years as availability of zoned land shrinks. The Rise of Multi-Storey Warehousing report from the real estate and investment firm says there are 14 notable multi-storey projects in the pipeline for Australia’s largest… Continue reading Multi-storey warehouses coming to Sydney

Sydney warehouse sells for $8.8m: Colliers

According to Colliers, a private investor – represented by the agent Tas Costi of Costi Cohen – has bought an industrial warehouse and office space in Sydney’s Banksmeadow for $8.8 million. The investment management company says the southern Sydney property sold for a premium. It also says while there is little stock available, there is… Continue reading Sydney warehouse sells for $8.8m: Colliers

Land demand in Western Sydney: Colliers

According to Colliers’ latest report, Western Sydney is expected to have record-levels of demand for industrial land although availabilities are limited. The investment management company says in its Industrial Development Update, the Western Sydney industrial and logistics market recorded its strongest year on record in 2021. It notes the record level of take-up was due… Continue reading Land demand in Western Sydney: Colliers

South-West Sydney industrial sites in demand

South-west Sydney’s industrial sites are in high demand with the property market booming and a new industrial property listing due to provide much-needed land to buyers. Angus Urquhart, Adrian Balderston and Hamish Miles from Colliers have the listing. The property will be at auction on Wednesday March 23 at 10:30am. “We have never seen the… Continue reading South-West Sydney industrial sites in demand