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  • Facility Management

    DON’T TORCH YOUR GROWTH

    Jun 24, 2018 3 minutes

    Commercial property owners have plenty of reasons to be optimistic this year. Demand for warehousing is growing at an impressive clip, driving commercial property rental prices up to record levels. Land values across western Sydney have lifted by about 50 percent during the past 12 months.

    So, what’s driving this demand? General population growth is one factor. The rise of e-commerce, given further impetus by the recent arrival of e-commerce giant Amazon, is another.

    Nielsen research shows a 23.8 percent increase in online sales during 2017, with a further 403,000 Australian households adopting online shopping. Groceries accounted for a

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