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Colliers Industrial Advisory continues to grow

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With the record performance of the industrial and logistics sector over the past 2 years, occupiers need to have a sharp focus on their end-to-end solutions and how they can better manage the capital expenditure within their warehouse but also making sure that the property agreement is structured appropriately to provide the best solution. The current take-up levels of leased space across the nation is also hitting levels that have never been seen before with circa 3.7 million sqm leased in the first three quarters of 2021 which means that it is critical for occupiers to be pro-active with any lease expiries by speaking with our local Occupier Services experts to get the best advice around market trends and understanding what the best way forward may be for your particular business, especially given any upcoming renewals will most likely see a spike in rental costs for many occupiers.

Colliers Industrial Advisory teams across the country are providing clients with end-to-end capabilities, and our recent partnership with Pollen Consulting Group are able to give clear direction for their future property needs. Colliers are committed to being able to provide these extra services to our clients because the falling vacancies in all premium markets of Australia is resulting in significant demand on speculative developments, so it is key for these property conversations to occur earlier than organisations may have previously done and they need to be incorporated with the warehouse design given the amount of capital investment in making sure the warehouse operates efficiently.

Rental growth in major markets such as Melbourne and Sydney stemming from the boom that is being experienced in e-commerce, but particularly in Melbourne and Sydney given the land constraints. Our experts are advising our clients to approach the market at the earliest point because in a landlord favoured market like we are currently experiencing it is vital to not compromise your negotiations by allowing the landlord to dictate conversations due to time pressures on an upcoming lease expiry.

Our Industrial Occupier team in Sydney continues to grow, one of our Directors Morgan Evans has recently relocated to Sydney to strengthen the team’s performance and head up the New South Wales team. Morgan has been with Colliers in Melbourne for the past 6 years working in our Occupier Services team and has been integral to the success of our Melbourne team.