For over a decade our annual Brisbane Industrial Property study has represented the industry benchmark. The report provides market players with an invaluable tool for planning and decision making, be they investors, developers, builders, lenders or government policy makers.
Our study provides a careful analysis of drivers of demand for and supply of industrial space and their implications for the leasing and investment markets. Based on our in-house forecasts of the Australian and Queensland economies, we supply 10 year forecasts of demand for and construction of warehousing and factory space, then use the result as the basis for our forecast of rents, yields, capital values and prospective IRRs for prime, secondary and high tech property.
The latest study finds the Brisbane industrial market at the end of a severe downturn caused by the GFC. With both the leasing and investment market having stabilised, we answer questions such as has the market already entered the upswing or is there a risk that could get worse? Will the recent bounce-back in yields continue? What is the outlook for rents across the prime, secondary and high tech sectors? Will demand for industrial space continue to improve and what are the underlying drivers? Will construction take off as soon as development finance becomes easier to obtain? What part will land values play in determining when and how much new space is built and when?
The study is relevant to a wide range of industry participants, providing a valuable tool for developers, land owners, construction companies, investors, funds managers, lenders, policy makers at all levels of government and public sector corporations.