Revamps required to keep warehouse owners in the game

first_imgOlder and larger logistics centres in Brisbane’s competitive warehouse market are being forced to undergo extensive refurbishments in order to contend against competitively priced new builds in emerging areas.Colliers International’s director of industrial Anthony White says there is an increasing trend for institutional owners to invest heavily in refurbishing their existing portfolios in order to increase their properties’ market relevance.“These owners are looking to attract new tenants to their buildings following existing tenants vacating, sometimes after leases which are on a term of 20 years or more,” White says.Read the full story on Commercial NewsMore from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor9 hours agolast_img

Leave a Reply

Your email address will not be published. Required fields are marked *