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Demand for industrial land in Western Sydney continues unabated as institutional groups adopt a build-to-core strategy. Recent yield compression and limited buying opportunities has resulted in it becoming more difficult to acquire stabilised assets and as a result, several groups are seeking scale via development.
Our latest report provides an overview of the current state of play within the Western Sydney industrial land market including:
- Current status and capacity of land;
- The timing of supply, including within the Mamre Road Precinct;
- Future land supply outlook beyond the Mamre Road Precinct; and
- Outlook for land prices.