Industrial rents

Industrial rents increase in cities

According to CBRE, rent for industrial and logistics properties in five major Australian cities rose by an average of 6.6 per cent year-on-year through a record first quarter of 2022.

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supply chain container

Port of Brisbane welcomes MEDLOG

The Freight & Transport Association (FTA) says the Port of Brisbane Pty Ltd (PBPL) is welcoming global logistics and supply chain operator, MEDLOG, to the Port with a 30-year lease.

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Greenacre Warehouse

Greenacre warehouse sells for $11.7m

Colliers’ Sean Thomson and Trent Gallagher negotiated the purchase of an $11.7 million warehouse with a strategic 5.75-year WALE in Sydney’s Greenacre for a private investor.

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Merrifield DC

Merrifield DC leased to RMA Automotive

CBRE says RMA Automotive, a major global supplier of vehicles, accessories and parts has committed to a lease for the 21,385 sqm DC at MAB Corporation’s and Gibson Property Corporation’s Merrifield Business Park.

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JLL appoints

JLL appoints Dan Kernaghan as CEO

JLL says it has appointed Dan Kernaghan to lead the firm’s Australian and New Zealand business as Chief Executive Officer, taking over from Stephen Conry who retired in January.

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Botany property

Botany site sells for $25.25m

Colliers says its Industrial Director, Tom Barnier and Industrial Executive, Jeremy Green have sold a 7435 sqms Botany site to Coombes Property Group at a land rate of $3400 per sqms.

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Prestons Logistics Facility

Prestons logistics facility sells: JLL

JLL says Roger Miller, Capital Markets Industrial & Logistics (NSW) Senior Director and Tony Iuliano, Head of Capital Markets Industrial & Logistics Australia brokered an exclusive deal for Prestons property.

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New partnership

Pickles announces new partnership

Pickles has announced its Corporate Charity Partnership with Healthy Heads Trucks & Sheds Foundation (HHTS), an industry umbrella body created to improve mental health and wellbeing across the road transport, warehousing, and logistics sector in Australia.

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Hume Highway

Hume Highway site selling: CBRE

CBRE says a high-exposure, 17,280 sqms landholding on the Hume Highway, close to Warwick Farm Racecourse, Cabramatta, and Liverpool in Sydney’s rapidly evolving south-west has been listed for sale.

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