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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. ....
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. ....
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. ....