INDUSTRIAL FEEDING FRENZY

Among those battling to secure industrial property and land are residential investors who have sold up in the face of poor returns, higher compliance costs and extra tax bills.

And this has led to a rush on industrial assets in the $3-$5 million range by smaller investors at the end of last year and into this year.

“There is a much lower cost for entry into the industrial market, compared to other commercial property sectors,” says Scott Campbell, Bayleys national director of industrial.

However, investors are now competing for limited assets and demand is far outstripping supply every day, he says. “The limited