Thursday, 13 August 2009

Region. Leasing of industrial space

Knight Frank’s Sydney Industrial Review, for August, notes industrial leasing in the Outer West region has remained firm with 190,439 square metres leased in 26 transactions in the first half of 2009, compared to 179,845 square metres recorded in 28 transactions for all of 2008. In the South West, 19 lease transactions, totalling 118,966 square metres, were recorded during the calendar year to July. This compares with 145,000 square metres leased in the whole of 2008. In the Inner/Central West region 77,083 square metres were leased in the first half of 2009, in 19 transactions, compared to 10 leases amounting to 23,787 square metres in the second half of 2008.

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