Industrial GVA was negative at -10.8% Q2 2020.
Average super prime industrial rents were flat. Australian super prime rents average $111/sqm.
Super prime yields compressed by 15bp in all markets resulting in record low yields.
Land values increased by 9.9% q-o-q with Australian 1.6ha lots averaging $597/sqm. 0.25ha lots increased by 7.7% q-o-q to $734/sqm.
Transaction volumes in Q3 totalled $2.68b over 66 transactions. This was 40% higher than volumes recorded in Q3 2019.