Vail Williams’ Post

Strong demand for one of South Australia’s premier industrial estates - JLL A prime industrial estate at Woodville, just eightkilometres from Adelaide’s CBD, is proving attractive to occupiers as the amount of available stock on offercontinues to lag demand for quality, industrial office warehouse facilities. Strong demand for industrial space across South Australia continues to stretch available stock with enquiries at an all-time high and vacancy at an all-time low. According to JLL Head of Logistics & Industrial in South Australia, Martin James and JLL Director, Logistics and Industrial, Kym Hutchins the industrial market has rarely experienced such strong conditions. He said demand for space at the Charles Sturt Industrial Estate at Woodville was a case in point, with recent leasing to global and national firms and strong enquiries for further opportunities. Located about 8 kilometres north-west of Adelaide’s CBD,and 7 kilometres from Adelaide Airport, the estate has already attracted the likes of corporates including Harvey Norman, Bunnings, Toll, Rinai and Ironman 4x4. Two of the more recent leasings were to global freight services firm Röhlig Logistics and national and international kitchen and cabinet hardware distributor Wilson & Bradley. Peter Blade (JP) COMMO Ben Parkinson Matt Brunsdon Greg Pike Luke Schreier #jll #jllaus #industrialleasing #industrialrealestate #industrialland #warehouse #adelaiderealestate #adelaidebusiness

Bayleys’ Industrial Workplace 2024 is out now, featuring 220 industrial properties for lease throughout New Zealand. In this issue, we explore what is happening across New Zealand’s industrial leasing market as opportunities open up for occupiers. We also examine how smart tech’ and clever design are transforming the industrial property sector in response to tenant and stakeholder expectations and needs. https://lnkd.in/gNR7_GTy

State-of-the-art industrial facility Brisbane’s south for lease - Knight Frank and Colliers A first class distribution centre in a core Brisbane industrial location is available for lease, with the facility set to be completed by the end of this year. Pinnacle on Peterkin for lease by Knight Frank agents Mark Clifford and Lachlan Hateley in conjunction with David Brisk and Nick Evans of Colliers. Pinnacle on Peterkin, Acacia Ridge, in Brisbane’s south, is being developed by ASX-listed integrated property funds management and real estate group GARDA Property Group and built by Spaceframe Buildings. The facility occupies an expansive 34,268sq m site adjacent to the Pacific National Interstate Rail Terminal. Mr Mark Clifford said Pinnacle on Peterkin presented a truly unique opportunity to secure brand new state-of-the-art warehousing in the heart of the highly sought-after Acacia Ridge. Mr Nick Evans said in addition to the quality of the development, one of the biggest drawcards for Pinnacle on Peterkin for tenants would be its location. Knight Frank Australia James Templeton Gavin Bishop Matthew Madsen Joel Calcutt Mark Scammells Paul Wood Paul Leitch Paul Lohr Peta Madsen Ned Jefferies Elliot Ryan Sean Thomson COMMO #knightfrank #colliers #industrialleasing #industrialconstruction #industrialland #indutrialdevelopment #logistics #logisticsrealestate #brisbanerealestate

Dusk increases space at Verdion's iPort #Doncaster hub. Pan-European logistics real estate specialist Verdion has leased further space at iPort, the €1bn logistics park just outside Doncaster, to Dusk. The luxury homeware retailer has agreed to occupy unit iP2f, spanning a total of 174,381 sq ft, including a 169,317 sq ft warehouse plus offices and welfare space. It took the adjacent 119,060 sq ft iP2g facility in April 2021. Located close to junction 3 of the M18 in Doncaster, iPort is the UK’s most advanced multimodal facility, spanning 800 acres with 52MVA power. Further buildings of up to 330,000 sq ft have been developed speculatively and are available for immediate occupation, all designed to EPC A rating and BREEAM Very Good standards. The final phases of development – two further buildings of 323,500 sq ft and 846,250 sq ft – are available on a built-to-suit basis with development-ready sites. iPort Rail, its on-site rail freight terminal, is increasingly being used by iPort occupiers and other businesses across the region looking to cut carbon within their supply chains. A new operator contract was agreed with global logistics and supply chain provider MEDLOG Transport & Logistics in December 2023. Verdion is now developing the facility’s second phase, doubling both its size and capacity by the end of 2024. Jamie Young, development surveyor at Verdion, said: “Dusk’s decision to increase its space at iPort is great news. Creating a logistics hub where occupiers can easily expand as their businesses grow has been part of our vision from the start, and our asset and facilities management teams work closely with tenants to understand their requirements. “This is the third company based here that has taken further space. At the same time, we remain focussed on bringing new names to Doncaster, with immediate opportunities and build-to-suit capacity.” For more information please contact Andrew Gent or Paul Mack at GV&Co or our joint agents Mike Baugh and Danielle Raunjak at CBRE or Robert Whatmuff MRICS at Colliers. HOOPP (Healthcare of Ontario Pension Plan) #logistics #industrial #commercialrealestate #welovesheds

Property and construction news…..   Telford in Shropshire has been named as one of the most affordable places to rent in England. The list of eight places was compiled by property website iLiveHere. It was the only place in the Midlands to make the list.   Two tall accommodation blocks of seven and fifteen storeys could be built at 52 Gas Street creating 161 apartments. Should the plans be approved the buildings would feature cycle parking, a cinema, co-working space, a lounge and a rooftop terrace. The scheme is called Gather and Soul.   The £4.5m refurbishment at Centre City located on Hill Street/Smallbrook Queensway, has started. The building will include a new café, co-working space, contemplation space and lounge. The building work is expected to be completed by the New Year. Tenants include Citizens Advice, Hitachi, and The Ministry of Justice.   The Prologis Park at Ryton in Coventry is now at full capacity with Furnolic (which trades as Songmics) agreeing a deal on the final unit. The international e-commerce business has signed a ten-year lease. DHL and Jaguar Land Rover are also on the Park.   According to Zoopla, property values are likely to rise more slowly than incomes over the next couple of years. The company said the average house cost is c.£264k but according to its calculations, the affordable price is c.£245k making the average house c.£19k over-valued.   #property #construction #offices #housing

🏗️Surrey industrial update: Build it or invest in it, and they will come As we move through 2024, we have seen a good level of industrial activity in Surrey. There has been a transition towards more quality premises, with the delivery of some much-needed Grade A industrial and logistics stock to meet occupier needs. However, with the flight to quality continuing, we must see more high-quality supply as Surrey industrial expert, partner Maria Hoadley, explains in this update which explores: ✅ The benefits of Surrey as an industrial location ✅ The latest rental trends ✅ The rise in demand for ESG-activated stock, which outweighs supply ✅ What's on the market ✅ The industrial supply gap Discover this and more 🔗⬇️ For help and support with your industrial property needs in Surrey, whether you are an occupier or landlord, get in touch. https://bit.ly/3UpGizM #Surrey #industrialmarket #industrialinsight #commercialproperty #commercialrealestate

122m2 Ground floor office available for lease in this well-maintained, landscaped and secure office park. Situated near Flanders Boutique Mall and Cornubia Shopping Centre offering all amenities to staff. The office is fully fitted with a reception area, boardroom, various enclosed offices, communal kitchen/his and her ablutions. PROPERTY FEATURES: Fully air-conditioned, Basement bays for tenants and open visitors' bays, 24hr Access control security/security guard on-site, Fibre connectivity, Generator and solar, back-up water supply. LEASE INCLUDES: Operational costs, Rates & taxes - Base rate LEASE EXCLUDES: Utilities (electricity, water, sewerage & refuse), Parking - Basement bays at R800 per bay, Increases in rates & taxes, VAT - 15% Availability: Negotiable Deposit: 2 Months Rental Minimum Lease Term: 1 Year Contact Lezanne Burger from CAMDEN PROPERTY INVESTMENTS for detailed information on this property, additional options in the area or to secure a viewing! #realestate #realestateagent #realestatebroker #realestateexpert #commercialleasing #commercialbroker #commercialbuildings #commercialinvestment #commercialdevelopment #commercialproperty #commercialproperties #leasing #lezanneburger #development #developments #officeleasing #officebuildings #officebuilding #officemarket #propertymarket #propertymarketing #tolet #propertydevelopment #camdenpropertyinvestments #tolet #brokerage #property #leasing #officetolet

Service charge budget creation and management across our developments. Setting service charges in line with the landlord’s vision is the most important factor for servicing the scheme and delivering exceptional experiences and environments for the residents. Our approach is tailored to the unique needs and environments of each development, ensuring that our consultancy and services are bespoke and effective. For all of our existing live developments, we have introduced a customer-centric approach to service charge communication, providing transparency through comprehensive service charge packs. This initiative has received widespread appreciation from our clients, resulting in fewer service charge queries and excellent resident feedback. One Crown Place The main cost driver for this mixed-use development is largely allocated to Estate Contributions followed by Private Residential Facilities and Building Staff Costs to ensure that the communal areas are well-managed and serviced. PRINCIPAL TOWER With a combination of residential, retail, and commercial spaces, the largest sum of the service charge is allocated towards Building staff costs followed by utilities and then insurance. This budget supports the seamless operation of the diverse spaces within the development. Thames City As a residential development, consisting of luxury apartments and high-quality amenities, a huge portion of our service charge is allocated to resident amenities in addition to our usual focused costs on Staffing, Security and Utilities for a premium living experience. If you have any further questions, email at lrmprimeenquiries@lrmprime.co.uk. #PrimeDevelopments   #ResidentialManagement  #PropertyServices #BuildingManagemen

𝗨𝗞 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻 𝗣𝗲𝗿𝗳𝗼𝗿𝗺𝗮𝗻𝗰𝗲 𝗥𝗮𝗹𝗹𝗶𝗲𝘀 Glenigan’s May 2024 edition of its #Construction Index finds increasing pockets of growth amidst overall slowdown..... 𝘒𝘦𝘺 𝘗𝘰𝘪𝘯𝘵𝘴: -Rate of decline softens, with the value of underlying work starting on-site during the three months to April decreasing 15%, to finish 12% lower than a year ago -Hotel & leisure increased 11% against the preceding three months and previous year     -Office starts performed well, increasing 7% against the preceding three months to stand 8% up on the previous year     -Northern Ireland is stand-out regional performer, increasing 20% against the preceding three months to stand 33% up on the previous year Full release here: https://lnkd.in/e7DYHxHi

#modularconstruction #hospitality #hotels news US... "...To harbor some positive changes, there needs to be some disruption in the construction industry...... Modular construction could be that disruption. “We’ve been talking about modular construction for 25, 30 years, and no one has quite been able to figure that out. I think that there’s so many benefits in going with modular construction,” he said. “With modular, I’ve heard that you could get [a property] built within four to six months. We’re going to put a lot of effort into figuring that out because … we’re developers and the supply/demand metrics are in our favor...” Mitch I. Patel, Vision Hospitality Group, Inc. (Credit: costar.com, Trevor Simpson) . . . #modernmethodsofconstruction #MMC #offsiteconstruction #prefabrication #construction #realestatedevelopment #buildingmaterials