Australian Logistics and Industrial Market Overview Q3 2023

Q3 2023 statistics on the national Australia Logistics and Industrial markets

November 10, 2023
  • Andrew Ballantyne
  • Annabel McFarlane

A lack of available warehouse space to lease continues to limit occupier movements nationally. However, increased uncertainty from occupiers against a backdrop of challenging macroeconomic conditions is also impacting leasing decisions. ​

That being said, the current levels of occupier demand still outpaces supply which continues to drive growth of average prime net face rents.

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