Bigger operators snapping up spare space but more is likely to come on line at end of the year, says CBRE
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Melbourne logistics property rents on rise
CBRE puts continued demand down to continuing record trade through the port
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Transport infrastructure spend ‘leaving NSW behind’
Victoria and Queensland look set to forge ahead economically while NSW wallows, according to a report by real estate services firm CBRE on the impact of transport infrastructure spending.
The report, Big Wheels Keep on Turning, is based on 20 years of transport infrastructure monitoring and research, the firm says, and highlights the economic gains that come from infrastructure investment and the flow-ons from it. The report highlights investment in transport infrastructure leads not only to a return on investment in direct dollar terms, but can have a much broader impact in providing for business growth, stimulating employment opportunities and providing the basis for a more efficient, effective and growing economy, CBRE says.
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The report, Big Wheels Keep on Turning, is based on 20 years of transport infrastructure monitoring and research, the firm says, and highlights the economic gains that come from infrastructure investment and the flow-ons from it. The report highlights investment in transport infrastructure leads not only to a return on investment in direct dollar terms, but can have a much broader impact in providing for business growth, stimulating employment opportunities and providing the basis for a more efficient, effective and growing economy, CBRE says.
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Australia an expensive prospect for property
Sydney, Perth and Brisbane in the top 10 most expensive logistics rental property markets
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Caterpillar grabs slice of prime real estate
Catepillar enters into one of the biggest industrial warehouse lease agreements seen in Melbourne this year
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