This Coorparoo facility has led a huge resurgence in industrial interest.
Industrial is the word on commercial property seekers’ lips, with the asset class dominating Realcommercial’s most-viewed listings.
So strong has the lift been in investor and tenant interest in industrial properties that 30 of the combined 80 properties on the eight states’ top 10 lists were industrial listings, led by the Northern Territory with six out of 10 listings, Queensland with five out of 10 and New South Wales with four out of 10.
REA Group chief economist Nerida Conisbee says the boom in industrial demand coincides with a continued overall rise in searches on Realcommercial, with property views already back to pre-COVID-19 levels.
“It’s very interesting that commercial property views have bounced straight back to normal,” Conisbee says.
“Property views on Realcommercial are tracking almost exactly the same as they were at the same time last year.”
“COVID hasn’t turned out to be such a big deal from a commercial property search perspective.”
Article courtesy of realcommercial.com.au – commercial news