Australian warehouse real estate is growing in demand

Logistics and warehouse businesses have been hailed as essential services, keeping the head of Australia’s economy above water during unprecedented times caused by COVID-19. 

Warehouse real estate investments in Sydney and Melbourne, especially in precincts with good connectivity and access, are capitalising the most on Australia’s growing eCommerce sector. The country’s two largest cities are breaking eCommerce growth records, and the demand for warehouse space is reflecting this. 

While it’s not a competition between commercial asset classes, industrial is indeed the current winner of outperformance in the commercial real estate market.