The Australian real estate market is experiencing an unprecedented all-time low in industrial vacancy rates. The surge in demand for industrial spaces is driven by various factors, including the growth of e-commerce, supply chain restructuring, and increased manufacturing activities. As a result, the limited availability of industrial properties has led to fierce competition among businesses vying for suitable spaces. This tightening market has implications for rental prices, which are likely to rise as demand outpaces supply. Investors and businesses seeking industrial properties must navigate a highly competitive landscape, while developers explore opportunities to meet the soaring demand for these sought-after assets.
https://www.commercialproperty2sell.com.au/blog/2023/07/australian-real-estate-market-industrial-vaca.php
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