Industrial GVA was negative at Q1 2020 (-1.7% y-o-y)

 

Average super prime industrial rents were flat. Australian super prime rents average $108/sqm

 

Super prime yields remained flat in all markets. Super prime yields compressed by 5 bps over the previous 12 months

 

Land values fell by 0.5% q o q with Australian 1.6ha lots averaging $574/sqm. Adelaide saw the sharpest decline in land values at 2.3% over the past quarter

 

Transaction volumes in Q2 totalled $1.33b over 42 transactions. This was 17.9% lower than volumes recorded in Q2 2019