Unlocking Excellence: The vital role of data in Victorian industrial & logistics real estate - Colliers
In the dynamic realm of Victorian industrial and logistics real estate, mastery of data is paramount. Within Colliers' Victoria Industrial & Logistics team, specialists like Kei Xu and Ali Akbarian spearhead efforts to harness VIC-specific insights, reshaping industry standards, and delivering outstanding outcomes for clients.
Kei Xu and Ali Akbarian meticulously track market transactions, monitor vacancies, and dissect trends unique to Victoria's industrial and logistics landscape. Their data-centric approach empowers clients with a competitive advantage, guiding them towards decisions that transcend market fluctuations and drive success in Victoria's distinct market environment.
Reflecting on market trends, Ali Akbarian notes, "Industrial vacancy rates have seen a slight uptick, reaching 1.23% in Q2 2024."
Kei Xu adds, "Despite this increase, it remains below historical levels, showcasing resilience in the market. Leasing transactions remain robust, with pre-leases continuing to play a significant role. Rental rates have experienced substantial growth, with prime-grade net face rent increasing by 28% over the past 18 months, indicating buoyancy in market sentiment."
Read more on The INDUSTRIALIST - https://lnkd.in/gGHFqrqf
Kei Xu Ali Akbarian Colliers Daniel Telling Corey Vraca Stephanie Archer Jordan Wright
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Congratulations, Colliers Team!