The Myrtle Collection has sold for a record land rate for the industrial market in Melbourne’s east.
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Industrial & logistics market outlook
The future is food
After COVID-19 turned logistics on its head in 2020, one industry has come out as a clear winner in terms of growth. David Hall, Head of the Western Sydney Industrial team at Colliers tells MHD how the food industry will continue to grow into the future.
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Melbourne’s booming north
In this month’s Property Focus, MHD catches up with experts from Colliers industrial team to learn more about the growth taking place in Melbourne’s north. Corey Vraca, Senior Executive – Industrial and Mitch Purcell, Executive – Industrial at Colliers run through the latest developments.
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Mascot property to fetch over $6 million
A mixed-use property in Mascot with a retail space and warehouse on the ground floor is on the market for an expected price of more than $6 million.
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LOGOS to Increase LF Logistics’ Footprint at its Marsden Park Logistics Estate
LOGOS has extended its relationship with LF Logistics, having committed a further tenancy with the international logistics services provider at its $250 million Marsden Park Logistics Estate in Sydney.
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Sydney remains an undersupplied industrial market, despite recent supply
Sydney is expected to remain an undersupplied industrial market in the short term, despite the recent rezoning of a significant chunk of land in Western Sydney, exacerbated by a high provision of private and government land ownership.
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Four Aldi distribution centres part of $648 million investment deal
Four Aldi distribution centres located in in Brisbane, Sydney and Melbourne have been sold for $648 million.
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Leading fashion retailer signs up for new warehouse in Victoria
A major clothing retailer has signed a lease for a 18,800 square metre distribution centre in Melbourne’s west.
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Nine abandoned Kaufland sites are now for sale
The world’s fourth largest retailer has abandoned all Australian development plans and now its properties are on the market.
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