The scarcity of well-designed industrial land in South Queensland is proving a major challenge for the fast-moving supply and logistics industries. Since challenges from Covid commenced, the boom in industrial property prices, paired with an increase in demand and limitations of commercial options continues to leave organisations unsure on how to make quality real estate decisions as they observe forecasted growth.
Business leaders from major centres across Australia quickly turned to the opportunities that laid in South Queensland during the peak of the pandemic, with land and property becoming overrun with enquiries.
The demand skyrocketed in Brisbane, which saw Queensland’s surge in commercial property interest spread to the Sunshine Coast, Gold Coast, Toowoomba and rural areas. Then with the migration of individuals to the sunshine state, office and retail commercial demand increased, but it was industrial property that saw the loudest demand.
With many businesses forecasting future business models and seeing the benefit of industrial property upgrades and relocations, many are wondering how they can make the best decisions within the world of real estate.
A new event for Queensland to be staged at the Brisbane Showgrounds in June will showcase solutions for companies wanting to expand their footprint and have easier access for inbound and outbound freight.
Intermodal Australia Director, Bob Carroll, said that there has been enormous growth in online sales throughout Covid and that is set to continue. This is placing immediate pressure on companies and investors to plan now for expansion and more efficient distribution hubs.
“Companies who have experienced online growth are forecasting the trend to continue and that places many of them in situations where they have to expand or relocate. They now start thinking about how they can redesign and automate their warehouses and distribution hubs and if they are going to relocate, where is the best place to do that. That is where the industrial and commercial real estate advisors involved in Intermodal Australia will be able to offer current research data on trends allowing them to make better decisions moving forward.”
Are you a business who provides solutions for companies wanting to expand their footprint and would like to feature at this large, inaugural event?
Indoor and outdoor space is available, all on hardstand. Incentives apply for exhibitors who can present working displays or demonstrations of machinery and/or products.
Register your interest to display now via intermodalaustralia.com.au