US data centre giant sells two industrial sites for $210m
Industrial land values remained steady to end 2023 as Digital Realty sold two industrial sites in Sydney’s west for more than $1250 a square metre.
Source: afr.com
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Industrial vacancy rate rises for first time in five years
The modest increase in the industrial vacancy rate to 1.1 per cent nationally will slow down the pace of rental growth and increase choice for occupiers.
Source: afr.com
CDC acquires land for second Sydney campus in Australia
Company acquires 17 hectares
Source: datacenterdynamics.com
Sydney industrial rents up nearly 40pc in a year
Rents for super prime industrial space in Sydney now average $215 per sq m, nearly double the asking rent for similar quality warehouse space in Melbourne.
Source: afr.com
Industrial rents surge 30 per cent in Sydney as supply shrinks
Australian industrial property: Rents surge 30 per cent in Sydney as supply shrinks
Source: afr.com