Queensland’s ecommerce logistics, distribution and warehousing has shown a growth of 5.2% annually, which was the highest of any state nationally. Queensland’s online retail demand will continue to drive requirements across the market in 2020.
According to Savills Australia, major project and infrastructure completions in Queensland have helped stimulate economic progression, industrial investment demand, and leasing take up. Callum Stenson, State Director of Industrial & Logistics at Savills Australia, noted that a positive spill-over effect into Brisbane’s industrial markets was imminent.
Read the full article from MHD Supply Chain News here.