Region. Bulk of new supply goes west

CBRE’s recent Sydney Industrial Market View reports 384,000 square metres of industrial construction was completed in the first half of the year, with a further 740,000 square metres under construction and due to be completed by year-end. Some 70 per cent of the new supply is slated for the areas such as Eastern Creek and Erskine Park. Over the past five years, floor space in this precinct has increased by a factor of nine as the M7 and other surrounding infrastructure has taken shape, according to CBRE’s research manager, Luke Nixon.