FY21 Commercial & Industrial Property Market Report

BUSINESS RESILIENCE IS ON THE RISE IN MELBOURNE’S SOUTH EAST 

The commercial and industrial property industry may have been inconvenienced through the stop-start nature of the Victorian market over the past 12 months, but findings from Nichols Crowder’s FY21 Market Report reflects a resilient, responsive, and fast-recovering commercial and industrial market in the South East. 

According to the Onwards then Upwards FY21 Market Report launched today from Nichols Crowder, the industrial sector remains the most active property market for the business thanks largely to the demand for the construction, logistics, ecommerce and retail sectors. The business recorded $174 million in sales and lease transactions across the industrial sector in the local region, up 56% on FY21. 

We have seen firsthand an uptake in transactions over the past 12 months, securing 644 commercial and industrial properties for buyers, sellers, lessors, and tenants. 

We hope you find our Report of interest.  You may view online below or request a hard copy. 

Feel free to contact any of our team members who look forward to sharing these market insights in greater detail with you.