Industrial land values jump 37pc
27 Mar 2018
Industrial property is one of the hottest sectors in the market and values are rocketing up the charts, according to experts.
With the rise in demand for online goods, distribution centres are at the top of mind for retailers, importers and exporters and the transport groups that deliver the items, known as third party logistics.
As a result, land values have risen by as much as 37 per cent and rents grew at the fastest annual pace in over 12 years, according to the latest JLL report, an Assessment of Sydney’s Industrial Land Supply.