The INDUSTRIALIST

Adelaide’s industrial market sees strong growth - Knight Frank Strong growth in land values and rents in Adelaide’s industrial market over 2024 reflects high-demand for industrial warehousing across the city, according to the latest research from Knight Frank Australia. The firm’s Australian Industrial Review Q4 2024 found Adelaide had the highest industrial rental growth of the capital cities in Australia, with prime rents rising by 12.1% over the year. Secondary rents in Adelaide are rising at an even faster pace than prime, increasing by 13.8% over 2024 compared to Brisbane (7.2%), Melbourne (6.7%), Perth (6.1%) and Sydney (3.9%). Read more on The INDUSTRIALIST - https://lnkd.in/gwu-FBVU James Reeves Geoff Thomson Mark Clifford Angus Klem Sarah Clark Melanie Rusk-Dunn Taylor Wardle Vanessa De Groot Angela Wang Bobbette Scott #knightfrank #adelaidemarket #adelaiderealestate #industrialmarket #industrialrealestate #industrialleasing #industrialproperty #industrialdevelopment

Prime Dandenong South site leased - CBRE A site within Frasers Property Industrial’s Rubix Connect estate in Dandenong South at 31 Goodall Close Dandenong South leased to SJ Display Group, managed by CBRE’s Alex Grima and Sasan Misaghian. “The corporate appeal and substantial cubic capacity of 31 Goodall Close were key factors in attracting the occupier. With an undersupply of comparable stock in this area, good properties are being secured quickly,” Alex Grima said. Sasan Misaghian said this lease leaves only one speculative development left within the estate, underscoring the competitive nature of the market. Read more on The INDUSTRIALIST - https://lnkd.in/e6PuSnAe CBRE Asia Pacific Mark Curtain Michael O'Neill Chris O'Brien Mark Jones  Kurt Muller Luke Menezies Pat Forbes Todd Grima Fiona Neo Jin Mei Jiang Andrew Caldwell Dominic Meese Andrew Hanna Hugh Bennett Melissa Balaz Roland Martin Troy Whalan Ian Barter Reini Otter Ryan Parsons Matt Gillett #industrialrealestate #industrialmarket #industrialinvestment #victoriarealestate #industrialfacility #fraserspropertyindustrial #industrialdevelopment #industrialleasing

Industrial landholding in Adelaide’s north sold - Knight Frank A high-quality and well-located industrial facility at 8-16 Vater Street Dry Creek sold to purchased by Harmony Property Investments, brokered by Max Frohlich and Ryan Mills of Knight Frank. Max Frohlich said the land rich asset was situated in a strategic location in Adelaide with efficient access to major transport links, and offered secure income as well as future development upside - all of which were factors that appealed to the buyer. Ryan Mills said: “The location is also highly sought after by industrial users, with the asset having excellent connectivity to key transport routes including the Northern Connector, Port Wakefield Road, Port River Expressway, Salisbury Highway and Main North Road. Carol Olsen Tom Isaksson Geoff Robertson Chet Al Casey Clements Chris Clemente Ned Walter Caitlin Mihalopoulos Rebecca Hammond Bobbette Scott James Templeton Angus Klem Elliot Ryan Sarah Clark Melanie Rusk-Dunn Taylor Wardle Vanessa De Groot #knightfrank #industrialrealestate #industrialmarket #adelaiderealestate #adelaidemarket

Keilor Park Property sold $17.25m – Colliers A rare low site coverage opportunity in Melbourne's North West at 53 Harrick Road, Keilor Park sold by Colliers Industrial & Logistics experts Mitch Purcell, Nick O'Brien and Corey Vraca. “Following extensive visibility in the market, we received 6 formal offers at the end of the EOI period, each demonstrating significant interest in the asset. The successful purchaser was international company MULTIVAC Group, which plans to use the asset to consolidate its business operations.” Said Nick O’Brien. “53 Harrick Road, Keilor Park presented a truly unique opportunity to the market with drive around capability and an expansive hardstand area on a 16,810m² site. The property further provided appeal with a 5,150m² warehouse, three phase power and dual driveway access.” Noted Corey Vraca. “Having successfully secured a new site for Multivac, the team are now appointed on the divestment of their existing operations at 2-20 McGregor’s Drive, Keilor Park comprising 5,145m² of built form across 10,059m² of land and will bring this exciting site to market via an EOI campaign in April 2025.” Mentioned Mitch Purcell. Read more on The INDUSTRIALIST - https://lnkd.in/gq5U3MrB Gavin Bishop Taylor Bass Nick Evans Jessica Evans Charlie Woodley Stephen Ryan Ned Walmsley Anthony Ongarello Joel Cattell Paul McGlynn Trent Gallagher #industrialnews #Industrialrealestate #colliers #melbournerealestate #melbournemarket

Strategic investment in Williamstown sold by AND Property Three adjoining industrial investment properties at A, B, and C of 8 Ponting Street, Williamstown sold by Ricardo Cappelletti, Ben Quennell, and Joff Mithen of AND Property. Comprising three individual buildings (A, B and C) on a total landholding of 3,523m², the asset includes 2,703m² of high-clearance warehousing and modern office space. Each tenancy is separately leased, contributing to a combined net income of $435,000 per annum + Outgoings + GST. Read more on The INDUSTRIALIST - https://lnkd.in/gRxgGWTS Bryce Pane Daniel Barr-Waanders Jamie Blackburn #industrialrealestate #industrialmarket #andproperty #melbournerealestate #melbournemarket #industrialleasing #industrialproperty #industrialdevelopment

WA industrial sale & leaseback portfolio sold- Cushman & Wakefield Cushman & Wakefield announce the successful sale of Kelsian Group Ltd Western Australian industrial portfolio, comprising a portfolio of three individual assets for a combined total of $20,318,000. Nick Goodridge, Head of Industrial WA for Cushman & Wakefield said:“Our national Expressions of Interest campaign generated significant interest from a diverse pool of investors, drawing attention and bidding participation from both local and interstate buyer groups. Ultimately, all three assets were acquired individually by local private investors, underscoring continued demand for quality industrial investments across Perth’s metropolitan and regional markets”. Read more on The INDUSTRIALIST - https://lnkd.in/gH8EjMaJ Ross Palframan Andrew Fife Tony Iuliano Adrian Rowse Gary Hyland Chris Jones Charlie Holmes Jay Nash Brendan Harrison Jack Shearer Oliver McIntosh Sarah Baker Vivian Nguyen Bronte Senn Alec Di Lollo Emma Quill Melissa Haines Luke Crawford David Hall #industrialrealestate #industrialmarket #westernaustraliarealestate #westernaustraliainvestment #cushwake #perthre #perthrealestate #industrialland #industrialdevelopment #logisticsrealestate #industrialleasing

Investment leased to Deakin University for sale - Gross Waddell ICR Danny Clark, Michael Gross, and Glenn Ye 叶格林 of Gross Waddell ICR list a premium industrial facility securely leased to Deakin University, at 154 Highbury Road, Burwood for sale. Danny Clark commented, “Deakin University is an education powerhouse and offers a landlord-favourable net lease with land tax recoverable. Michael Gross adds, “The Battery Research and Innovation Hub comes with an extremely capital-intensive fit-out, custom designed for their operations, this makes Deakin University a sticky tenant and important for the upcoming lease options.” “154 Highbury Road is nestled in a premium location, just minutes from Deakin University’s existing campus and even closer to the proposed Burwood Suburban Rail Loop (SRL) train station. Quality industrial assets in infill locations are extremely hard to find, and the location of 154 Highbury Road further adds to the attractiveness of the property,” adds Glenn Ye. Read more on COMMO - https://lnkd.in/gJ6ZYWPT Raff De Luise Andrew Greenway Alex Ham Raoul Salter OAM Ashleigh Bolton Marney Post Crystal Yang #industrialrealestate #commercialrealestate #grosswaddellicr #realestateinvestment #realestatenews

Brookfield announced as partner for Ruakura Superhub Hamilton NZ Tainui Group Holdings Limited (TGH) and global alternative asset manager Brookfield Asset Management (Brookfield) have entered into a long-term joint venture (JV) to supercharge the development of Ruakura Superhub in Hamilton, New Zealand.   The JV intends to develop out a further 70ha of logistics development assets at the intermodal logistics precinct with a forecast completion value of more than NZ$1 billion, and will consider further investment opportunities that present strong risk-adjusted returns. Chair of Te Arataura, the executive committee of Waikato Tainui, Tukoroirangi Morgan said: “The new JV reflects the strength of the Maori economy and signals that the iwi is open for global business. As an iwi our horizon is intergenerational; we are about building a legacy for future generations. Brookfield, which we selected for its aligned goals, values and fit, understands that. Together we will create real opportunities for economic growth that will reverberate for our people, Brookfield’s investors, and our city, region and country.”   Brookfield Co-Head of Australia and New Zealand Real Estate Ruban Kaneshamoorthy said: “We are honoured to partner with TGH to further activate the major logistics and industrial precinct within Ruakura Superhub, bringing global capital at scale and unparalleled expertise as one of the world’s most active real estate investors.” Read more on The INDUSTRIALIST > https://lnkd.in/gUpsxhAS Tomas Fekete Kiri Purdy Leonie Wilkinson Peter Chen, CFA Danny Poljak Lynda Morrison Jordie Cassidy Lolita Southwell Mathew Chandler Kate Jarman Sophie Fallman Ikushin Tsuchida Scott Mugglestone Sophia Rihani Katie Wicks Alison McDonagh Rowan Russell Leesah Murray Vernon May Anita Brown Richard Jefferies Ivan Bartley John Bartley Pierre Tohe Chris Sprangers Mary Anne Naidoo Mike Pritchard #industrialrealestate #industrialinvestment #brookfield #nzdevelopment #industrialdevelopment #industrialland #industrialleasing #industrialproperty

Off-market industrial asset sale sets new benchmark for Smithfield – CBRE A free-standing industrial warehouse in Smithfield at 6-8 Tait Street sold for $8.5 million brokered by CBRE’s Janet Joljian. “This sale is a testament to the strength of the metro west market, with investors and businesses seeking high-quality properties in prime locations. We are thrilled to have achieved a record-breaking price for the vendor and look forward to continuing to serve the needs of our clients in this market,” Janet Joljian added. Read more on The INDUSTRIALIST > https://lnkd.in/g-wqcBpP CBRE Asia Pacific Michael O'Neill Chris O'Brien Mark Jones Stephen Haines Kurt Muller Luke Menezies Pat Forbes Todd Grima Grace Zangari #cbre #industrialrealestate #industrialmarket #industrialinvestment #sydneymarket #industrialland #industrialdevelopment

Wilmac’s $75M Clyde North fastest selling project in Melbourne’s Southeast Construction has commenced on Wilmac’s $75 million commercial and industrial development in Clyde North, with 20 of the 25 lots already committed and buyers scrambling to secure the remaining properties. LAWD Director – Development & Projects, Henry Burbury, said the volume and velocity of sales for Wilmac Clyde North was unprecedented and investors would need to move quickly to secure the remaining five lots, which are between 1,500 sqm and 2,000 sqm and zoned C2. “This development builds on Wilmac’s reputation for creating thriving strategically located business hubs and is well on its way to becoming a leading precinct Melbourne’s Southeast” Henry Burbury added. Nick Ellsmore, Senior Development Manager for Wilmac Properties said the commencement of construction earlier this month marked an exciting milestone for Clyde North and the City of Casey. Read more on The INDUSTRIALIST - https://lnkd.in/gWdKWFkZ DPM Consulting Group Henry Sayers Peter Sagar Angus Clark Tom Langley Will Cooper #industrialrealestate #industrialmarket #industrialdevelopment #industrialprojects #melbournerealestate #melbournemarket