Industrial Real Estate

The Woolworths headquarters has sold for $463m to a Singapore-listed real estate trust with the deal signalling the office market is up and running again.

A Sydney-based investor has beaten 10 registered bidders to secure a large hardware property in the north of the state.

Industrial real estate includes factories, warehouses or large buildings used as distribution, manufacturing, assembly, production and storage centres.

A 1930s warehouse that was once an art gallery with studios and was more recently being converted into a home has sold in a seven-figure deal following a competitive auction.

The industrial property boom is showing strong signs of rolling into next year with investors chasing factories across the country and new sites in regional areas.

One of Melbourne’s wealthiest families has made a jaw-dropping windfall with the record-smashing sale of a Port Melbourne site.

The industrial sector continues to outperform other asset classes nationally, with regional centres along the east coast outstripping capital cities thanks to record migration levels and pandemic-related e-commerce demand, new research shows.

Ongoing lockdowns in multiple capital cities has taken a toll on Australia’s commercial property market. Data from realcommercial.com.au shows the leasing sector has been particularly impacted, with searches for properties to lease falling further in …

In the years leading up to the pandemic, Australian commercial real estate was among the most sought-after by foreign investors. While demand is still subdued relative to pre-COVID levels, this year activity from offshore buyers has started to creep back up.