THE INDUSTRIAL PROPERTY MARKET IS ON THE MOVE!

Like a giant starting to stir the industrial market is showing evidence of movement upwards after an exhilarating end to 2016.

Market Conditions

It has been a remarkable time in the industrial property market recently. After little increase in values since 2007, we may be on the verge of a spike in the market.

From January to September 2016, the market was unusually subdued. Was this caused by the Australian federal election, Brexit, the pending US election, general uncertainly, or a combination of all the above? Whatever the cause, the market slowed to an idle for much of 2016.

Then, from October to December we saw a tidal wave of transactions. Agents, solicitors and accountants were struggling to process the huge volume of enquiries, inspections, transactions and the administration that goes with it all.

The market in January and February 2017 has shown a solid pipeline of enquiry, a shortage of listings and an expectation that prices are moving up at last.

Stay tuned as we keep you updated on values each quarter. It’s likely you will see some changes as demand overtakes supply.

Posted on Thursday, 23 February 2017
by Drew Williams in Latest News

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