Urban Developer x Prological: Warehouse, Industrial Rents Fall as Market Repositions

Last month, we released out Industrial Property Market Intelligence report. Revealing for the first time in nearly a decade tenants hold the negotiating power in Australia’s industrial property market.

Speaking in the The Urban Developer, Prological Founder and Director Peter Jones says while developers have speculatively built warehouses and successfully found occupiers through the industrial real estate industry, finding tenants at the same pace and density has become increasingly difficult.

“This shifting landscape requires a more integrated approach to industrial property decisions for tenants, where real estate availability and costs can become primary drivers of supply chain strategy rather than secondary considerations,” Peter said.

Read the article in full: https://lnkd.in/eyeGCbmJ

Thanks Leon Della Bosca for the coverage.