Yields Ease but Industrial Still Holds Favour Amongst the Property Markets
Yields eased slightly in Sydney’s industrial corridor over 2024, but the markets have shown overall resilience against global pressures, according to LJ Hooker Commercial.
The adoption of video calls, digital signatures and other tech during Covid helped property managers and clients do business despite the global disruptions.
The prospect of multiple interest rate cuts in 2025 will drive further interest in the sub-
$5m commercial property market over next year, reviving a tight transactional market.
A 599sqm Burleigh Heads building that housed a now defunct brewery has been split and re-leased into two new tenancies under the management of LJ Hooker Commercial Southern Gold Coast.
Industrial Continues To Stand Out in Adelaide Despite Softening Demand
Adelaide’s industrial sector continues to be the leading non-residential property class for landlords despite tenant demand cooling after Covid-19, according to the latest LJ Hooker Commercial Market Monitor.