NewsBite

Industrial

This Month

There’s not a lot of new supply coming on in Sydney, so occupancy rates and room rates will keep rising.

5 opportunities for commercial property investing in 2025

Sydney hotels, data centres and regional shopping centres are among the segments tipped to grow next year.

  • Sam Tamblyn
David Di Pilla at the ASX just before trading in DigiCo REIT kicked off.

David Di Pilla says US a ‘huge’ opportunity for data centre REIT

Speaking ahead of the float today of data centre trust DigiCo Infrastructure REIT, David Di Pilla says the much bigger US market is a natural extension of his ambitions.

  • Updated
  • Larry Schlesinger
Nuveen’s ANZ region head of debt Dugald Marr.

‘It’s a bit of a golden age of private credit’

Fund manager Nuveen, which has done a $400 million deal with Singapore’s sovereign wealth fund, says high returns are possible – and the risks aren’t bad, either.

  • Michael Bleby
Greg Goodman has made a big pivot towards data centres.

Greg Goodman turns his company into a data centre powerhouse

The billionaire’s push to meet the booming demand for data storage lands him a place on the 2024 The Australian Financial Review Business People of the Year list.

  • Larry Schlesinger
Marlborough House has changed hands for the first time in over 50 years.

James Packer behind $110m deal for Surry Hills heritage building

An investment company ultimately owned by James Packer is partnering with developer Time & Place on plans for a $500m inner-Sydney development.

  • Larry Schlesinger
Advertisement

November

The Virginia-class submarine.

AUKUS subs project to drive $40b logistics, housing boom: report

The building and maintenance of nuclear submarines in Adelaide and Perth is expected to create demand for 1 million square metres of warehouse space and 24,500 homes.

  • Larry Schlesinger
Charter Hall’s David Harrison says his portfolio covering 2000 tenants gives him a better real-time read on the economy than the central bank.

The next three property shortages have already started

Charter Hall boss David Harrison says the supply shortages and lack of developer confidence we’re seeing in the housing market are playing out across the property sector. 

  • James Thomson
Chris Ellison, MinRes’ managing director, and other investors in the Bullsbrook development project.

The $45m MinRes property deal – with the Ellisons on the other side

Investors in the iron ore and lithium miner would have had no idea that MinRes’ joint venture partner in a big Perth real estate play was the company’s founder.

  • Neil Chenoweth and Mark Di Stefano
The awarding of performance rights to Greg Goodman received a large protest vote.

Goodman suffers first strike against pay despite 75pc return

The industrial powerhouse suffered a 34 per cent protest vote against its remuneration report despite reporting “truly outstanding” FY24 results.

  • Larry Schlesinger and Campbell Kwan
On the edge: It’s cheaper and quicker to build detached homes on the urban periphery, but that does little to help longer-term affordability or sustainability.

Developers aren’t building apartments – and it’s getting worse

The mix of housing projects coming on stream in the next few years has changed. Apartment construction now looks weaker than even six months ago.

  • Michael Bleby
Artist impression of a data centre in Artarmon, Sydney that Goodman will start building next year.

The property giant that will soon build more data centres than sheds

The launch of a number big turnkey data centre projects next year – including in Sydney and Paris – will ramp up the value of Goodman’s global workbook.

  • Larry Schlesinger
Industrial vacancy rates have risen to nearly 4 per cent in Sydney.

Industrial boom nearing an end as rental growth stalls, vacancies rise

New research suggests the e-commerce-led surge that turned the humble shed into the hottest commercial real estate asset is over.

  • Larry Schlesinger
StorHub owns 11 Australian properties including this facility in Rouse Hill in Sydney’s north-west.

Sydney deals lift self-storage operator’s Aussie portfolio to $420m

StorHub, backed by Warburg Pincus, has acquired three self-storage facilities for over $110 million, expanding the number of sites it owns to 11.

  • Larry Schlesinger

October

Burgess Rawson is renowned for its regular portfolio auctions.

CBRE chases Burgess Rawson as big auction delivers $66m bonanza

Global real estate giant CBRE is in hot pursuit of portfolio auction specialist Burgess Rawson, which showed its value via a blockbuster auction event.

  • Larry Schlesinger
An artist impression of the proposed industrial estate on the North Lakes site.

Fund manager Garda more than doubles money on $114m industrial sale

Garda Property Group has spent $51m all up on a 25ha site in Brisbane’s northern suburbs that logistics giant ESR has agreed to buy for $114m.

  • Larry Schlesinger
Advertisement
“I thought it would be a great learning exercise,” Oscar Ledlin says of his first project, when he was 21. It nearly sent him broke.

This developer cracked the Young Rich List by making warehouses sexy

Oscar Ledlin has tapped into the Instagram generation to build his fast-growing commercial property empire, but there have been falls along the way.

  • Larry Schlesinger

Goodbye Sydney: warehouse owners priced out of town

The resulting transport and storage charges will flow on to the cost of living in Sydney, even to the cost of building a new home.

  • Updated
  • Robert Harley
Billbergia developed the 50-storey mixed use tower at 88 Walker Street in North Sydney, where office rents are now rising.

Why investors eye offices in Sydney, Brisbane – but not Melbourne

A pick-up in commercial transactions over the first three quarters points to a stronger year, but it’s not a uniform improvement.

  • Michael Bleby

September

There were more than 90 bids for the Bridgestone Tyre facility in Kilsyth South.

From Supercheap to Salvos, retail assets earn investors’ favour

More than half of the 22 properties offered at commercial property auctions this week were passed in, but big brand retail assets sold well.

  • Larry Schlesinger
Charter Hall CEO David Harrison.

Power crisis is as big as Australia’s housing crisis: Charter Hall

The lack of reliable energy is already hitting industrial property assets and will hit harder as investment ramps up in data centres, the industry warns.

  • Michael Bleby

Original URL: https://www.afr.com/topic/industrial-property-hqa