Australia’s I&L vacancy rate now world’s lowest
Australia now has the lowest industrial and logistics vacancy rate in the world, after falling to 0.8 per cent through the first half of 2022, with Sydney and Perth the tightest markets.
Sydney has the lowest vacancy rate for industrial and logistics property of any major city in the world. (Image source: Shutterstock.com)
Australia now has the lowest industrial and logistics vacancy rate in the world, after falling to 0.8 per cent through the first half of 2022 (H1 2022).
From an end-of-2021 figure of 1.3 per cent, already the country’s lowest on record, CBRE Research captured a further tightening across Australia’s five major markets.
That makes Australia the nation with the lowest vacancy rate, ahead of Sweden (1.1 per cent), end-of-2021 leader Belgium (1.3 pe…
