New industrial estates in the west

Most new industrial estates in Sydney will be concentrated in the outer west with more than 435,000 square metres in the next two years. This supply and that around the nation could impact on the industrial property market's long run of rising capital values and rent in 2008, according to The Australian Financial Review.

Industrial rents in Sydney have been held back by landlords offering cheaper rates in the outer suburbs. Belinda Nowland, Savills research director NSW, said she expected more properties would be built on a spec basis and would require higher rents.