According to CBRE, more than 350,000 sqms of multi-storey warehouse space is expected to be developed in Sydney over the next five years as availability of zoned land shrinks.
Manhattan Associates wins omnichannel award
Manhattan Associates says its Manhattan Active Omni Solution Suite has won the Omni-Channel Excellence & Innovation Award in the 2022 Vendors in Partnership (VIP) Awards.
I&L sector experiencing record-strong trade
According to Colliers, the Australian Industrial and Logistics (I&L) sector is experiencing its strongest trading conditions on record, particularly due to the e-commerce boom and record levels of infrastructure investment.
JLL records strongest quarterly result since 1994
According to JLL’s 1Q 2022 research, it has recorded its strongest quarterly result of industrial rental growth in more than 25 years.
Same-day delivery: from fantasy to reality
As the appetite for online shopping continues to accelerate, same-day delivery has gone from a ‘nice to have’ to an essential capability for Australia’s leading retailers. Peter Jones, Managing Director and Founder of Prological Consulting writes for MHD about the unique challenges this presents and ways to make same-day delivery a reality.
Great Eastern Highway available for first time in 17 years
JLL says it is acting as the exclusive leasing agent for Perth’s 246 Great Eastern Highway after it is put on the market for the first time in 17 years.
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.
Dematic wins Honeywell award
Dematic says Honeywell, a multinational technology conglomerate has named it as its Voice Partner of the Year for Australia and New Zealand.
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.
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.