{"id":2993,"date":"2022-07-06T05:25:56","date_gmt":"2022-07-06T05:25:56","guid":{"rendered":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/"},"modified":"2022-07-06T05:25:56","modified_gmt":"2022-07-06T05:25:56","slug":"australias-il-vacancy-rate-now-worlds-lowest","status":"publish","type":"post","link":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/","title":{"rendered":"Australia\u2019s I&L vacancy rate now world\u2019s lowest"},"content":{"rendered":"

[ad_1]
\n<\/p>\n

\n

Australia now has the lowest industrial and logistics vacancy rate in the world, after falling to 0.8 per cent through the first half of 2022 (H1 2022)<\/span>.<\/p>\n

From an end-of-2021 figure of 1.3 per cent, already the country\u2019s lowest on record, CBRE Research captured a further tightening across Australia\u2019s five major markets.<\/p>\n

That makes Australia the nation with the lowest vacancy rate, ahead of Sweden (1.1 per cent), end-of-2021 leader Belgium (1.3 per cent), the United Kingdom (1.6 per cent) and Hong Kong SAR (2.3 per cent).<\/p>\n

The global average at the end of H1 2022 was 2.7 per cent, with mainland Europe as a collective and the United States sitting at 2.6 per cent and 3.1 per cent respectively.<\/p>\n

Sydney has Australia\u2019s lowest vacancy rate following a further reduction from 0.4 per cent to 0.3 per cent over the past six months.<\/p>\n

That is also the lowest of any major city around the globe, ahead of Los Angeles (0.5 per cent), Gothenburg (0.9 per cent), Seoul (1.0 per cent) and Auckland (1.0 per cent).<\/p>\n

\u201cFrom 6.3 per cent at the end of 2019, Australia\u2019s I&L vacancy rate has trended down, to its current record low of 0.8 per cent,\u201d Sass J-Baleh, CBRE\u2019s Head of Industrial & Logistics Research Australia, said.<\/p>\n

\u201cAlthough vacancy rates around the globe have also fallen over the past 12 months in particular, Australia now has the lowest national vacancy rate globally, and Sydney the lowest vacancy rate of any city.<\/p>\n

\u201cWith Australia\u2019s highest vacancy rate in any market now just 1.4 per cent in Brisbane, the downward movement recorded for each market reflects the current chronic undersupply.<\/p>\n

\u201cAustralia has a relatively low share of developments that are speculative, especially compared to other major markets, so we are unlikely to see vacancy rates change significantly over the next 12 months.\u201d<\/p>\n\n\n\n\n\n\n\n\n
\u00a0<\/th>\nH2 2021 vacancy rate<\/th>\nH1 2022 vacancy rate<\/th>\n<\/tr>\n
Sydney<\/td>\n0.4%<\/td>\n0.3%<\/td>\n<\/tr>\n
Melbourne<\/td>\n1.3%<\/td>\n1.1%<\/td>\n<\/tr>\n
Brisbane<\/td>\n2.3%<\/td>\n1.4%<\/td>\n<\/tr>\n
Adelaide<\/td>\n1.6%<\/td>\n0.9%<\/td>\n<\/tr>\n
Perth<\/td>\n1.8%<\/td>\n0.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

A dearth of opportunity is driving significant rental growth, with super prime grade rents rising a national average of 13 per cent year-on-year to the end of June, already exceeding CBRE\u2019s full-year forecast of 12 per cent.<\/p>\n

For those fortunate enough to have invested in commercial real estate<\/a>, rental growth has been most pronounced in Sydney, currently sitting at 23 per cent year-on-year, followed by a 17 per cent rise in Perth and 14 per cent in Melbourne.<\/p>\n

\u201cThe depth in demand is giving owners and developers significant choice, and only occupiers with the strongest covenants are winning the right space,\u201d said Cameron Grier, Regional Director of CBRE Industrial & Logistics in Pacific.<\/p>\n

\u201cWe expect demand to continue to outpace supply this year and into 2023, and we are seeing rental growth above CBRE Research forecasts.<\/p>\n

\u201cNew buildings in the 4,000sqm-5,000sqm range in Western Sydney, for instance, have broken past the $170\/sqm net barrier, which is about $30\/sqm more than they were at the start of the year.\u201d<\/p>\n

In line with the reduction in available supply, net absorption through the first half of 2022 fell by approximately 40 per cent against H2 2021, with the national figure 1,400,000sqm.<\/p>\n

Most of Australia\u2019s major markets have high pre-commitment levels on supply in the pipeline, including Sydney with 73 per cent of the city\u2019s incoming 875,000sqm.<\/p>\n

\u201cSpeculative developments only account for 33 per cent of the floorspace in Australia\u2019s pipeline, compared with 76 per cent in the USA, 57 per cent in the UK, 48 per cent in Spain and 43 per cent in Germany,\u201d Ms J-Baleh added.<\/p>\n

\u201cThat means the Australian market is less susceptible to volatility and major fluctuations in supply and vacancy levels moving forward.\u201d<\/p>\n

Around the country<\/strong><\/p>\n

Mr Grier said Perth and Sydney remain the tightest held markets in the country and are seeing rental growth above their initial forecasts at the start of the year.<\/p>\n

\u201cAt the halfway mark of the year, demand continues to outstrip new supply.<\/span><\/p>\n

\u201cWhile our teams have started to witness nervousness from occupiers with some requirements now delayed or cancelled due to economic headwinds seen locally and overseas, we expect demand to continue to outpace supply this year and into 2023.\u201d<\/p>\n

He said Melbourne was getting tighter by the month and Queensland remained the only market balanced with supply.<\/p>\n

\u201cWith rapidly increasing construction pricing and perceived future softening of long WALE (weighted average lease expiry) assets, we expect further pressure on rents this year,\u201d Mr Grier said.<\/p>\n

\"Raffles<\/p>\n

Raffles Glade, Eastern Creek NSW, within Sydney\u2019s Outer North West Precinct, where the vacancy rate now averages 0.3 per cent.<\/p>\n<\/div>\n

Sydney\u2019s vacancy rate of 0.3 per cent is on a par with only a region of southern California as the world\u2019s lowest, and has resulted in occupier movements coming to halt due to the absence of available space.<\/p>\n

Michael Owen, CBRE Managing Director Western Sydney, said there has been rental growth above 10 per cent in 1H22 in most precincts.<\/p>\n

\u201cThere will be increased pressure on rents with increasing construction costs, especially as we approach the Christmas period, with close to 0 per cent vacancy.<\/p>\n

Like Sydney, the record low availability of vacant floorspace in Melbourne has led to strong growth in super prime and prime grade stock, with rents having grown by 13.9 and 11 per cent respectively in the past 12 months.<\/p>\n

Brisbane\u2019s market has recorded the largest decline in vacancy over the past year, to be now averaging 1.4 per cent.<\/p>\n

Occupier demand over the past six months has been driven primarily by the retail trade and manufacturing sectors (each 35 per cent).<\/p>\n

Continued activity in Western Australia\u2019s resources sector and ongoing construction delays are likely to result in continued upward pressure on rents and land supply there.<\/p>\n

The industrial vacancy rate in the Perth market has continued to decline and now sits at just 0.5 per cent.<\/p>\n

Tenant demand has been primarily driven in the industrial market by transport, postal and warehousing; retail trade; and mining sectors. Increased demand from online retailing is expected continue driving the state\u2019s industrial and logistics market.<\/p>\n

Adelaide\u2019s market has also dipped below 1 per cent, to 0.9.<\/p>\n

CBRE State Director John Kies said rental growth has become a material trend within South Australia\u2019s I&L market due to historically low vacancy and limited options for tenants.<\/p>\n

\u201cWe expect this rental growth trend, as well as the imbalance between the lack of supply and strong demand for developable industrial land will continue to drive the sector\u2019s sentiment in a positive direction.\u201d<\/p>\n<\/p><\/div>\n

[ad_2]
\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

[ad_1] Australia now has the lowest industrial and logistics vacancy rate in the world, after falling to 0.8 per cent through the first half of 2022 (H1 2022). From an end-of-2021 figure of 1.3 per cent, already the country\u2019s lowest on record, CBRE Research captured a further tightening across Australia\u2019s five major markets. That makes […]<\/p>\n","protected":false},"author":1,"featured_media":2994,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[75],"tags":[],"class_list":["post-2993","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-property"],"yoast_head":"\nAustralia\u2019s I&L vacancy rate now world\u2019s lowest | Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You<\/title>\n<meta name=\"description\" content=\"Australia now has the lowest industrial and logistics vacancy rate in the world, after falling to 0.8 per cent through the first half of 2022 (H1 2022).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Australia\u2019s I&L vacancy rate now world\u2019s lowest\" \/>\n<meta property=\"og:description\" content=\"Australia now has the lowest industrial and logistics vacancy rate in the world, after falling to 0.8 per cent through the first half of 2022 (H1 2022).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/\" \/>\n<meta property=\"og:site_name\" content=\"Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-06T05:25:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/07\/nat_res_-il-h1-2022-vacancy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"450\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"urbanbuyer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"urbanbuyer\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/\"},\"author\":{\"name\":\"urbanbuyer\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#\\\/schema\\\/person\\\/e512343607f0603098a628b2f082e58d\"},\"headline\":\"Australia\u2019s I&L vacancy rate now world\u2019s lowest\",\"datePublished\":\"2022-07-06T05:25:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/\"},\"wordCount\":1054,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/nat_res_-il-h1-2022-vacancy.jpg\",\"articleSection\":[\"Commercial Property\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/\",\"name\":\"Australia\u2019s I&L vacancy rate now world\u2019s lowest | Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/nat_res_-il-h1-2022-vacancy.jpg\",\"datePublished\":\"2022-07-06T05:25:56+00:00\",\"description\":\"Australia now has the lowest industrial and logistics vacancy rate in the world, after falling to 0.8 per cent through the first half of 2022 (H1 2022).\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/#primaryimage\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/nat_res_-il-h1-2022-vacancy.jpg\",\"contentUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2022\\\/07\\\/nat_res_-il-h1-2022-vacancy.jpg\",\"width\":800,\"height\":450},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Australia\u2019s I&L vacancy rate now world\u2019s lowest\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#website\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/\",\"name\":\"Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":[\"Organization\",\"Place\"],\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#organization\",\"name\":\"Urban Buyer\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/\",\"logo\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/#local-main-organization-logo\"},\"image\":{\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/#local-main-organization-logo\"},\"telephone\":[],\"openingHoursSpecification\":[{\"@type\":\"OpeningHoursSpecification\",\"dayOfWeek\":[\"Monday\",\"Tuesday\",\"Wednesday\",\"Thursday\",\"Friday\",\"Saturday\",\"Sunday\"],\"opens\":\"09:00\",\"closes\":\"17:00\"}]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/#\\\/schema\\\/person\\\/e512343607f0603098a628b2f082e58d\",\"name\":\"urbanbuyer\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g\",\"caption\":\"urbanbuyer\"},\"sameAs\":[\"https:\\\/\\\/urbanbuyer.wpengine.com\"],\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/author\\\/urbanbuyer\\\/\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/australias-il-vacancy-rate-now-worlds-lowest\\\/#local-main-organization-logo\",\"url\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/UB-Logo-Colour.png\",\"contentUrl\":\"https:\\\/\\\/royabhishek.in\\\/urbanbuyer\\\/wp-content\\\/uploads\\\/2021\\\/08\\\/UB-Logo-Colour.png\",\"width\":3920,\"height\":761,\"caption\":\"Urban Buyer\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Australia\u2019s I&L vacancy rate now world\u2019s lowest | Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You","description":"Australia now has the lowest industrial and logistics vacancy rate in the world, after falling to 0.8 per cent through the first half of 2022 (H1 2022).","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/","og_locale":"en_US","og_type":"article","og_title":"Australia\u2019s I&L vacancy rate now world\u2019s lowest","og_description":"Australia now has the lowest industrial and logistics vacancy rate in the world, after falling to 0.8 per cent through the first half of 2022 (H1 2022).","og_url":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/","og_site_name":"Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You","article_published_time":"2022-07-06T05:25:56+00:00","og_image":[{"width":800,"height":450,"url":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/07\/nat_res_-il-h1-2022-vacancy.jpg","type":"image\/jpeg"}],"author":"urbanbuyer","twitter_card":"summary_large_image","twitter_misc":{"Written by":"urbanbuyer","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/#article","isPartOf":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/"},"author":{"name":"urbanbuyer","@id":"https:\/\/royabhishek.in\/urbanbuyer\/#\/schema\/person\/e512343607f0603098a628b2f082e58d"},"headline":"Australia\u2019s I&L vacancy rate now world\u2019s lowest","datePublished":"2022-07-06T05:25:56+00:00","mainEntityOfPage":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/"},"wordCount":1054,"commentCount":0,"publisher":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization"},"image":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/#primaryimage"},"thumbnailUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/07\/nat_res_-il-h1-2022-vacancy.jpg","articleSection":["Commercial Property"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/#respond"]}],"copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization"}},{"@type":"WebPage","@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/","url":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/","name":"Australia\u2019s I&L vacancy rate now world\u2019s lowest | Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You","isPartOf":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#website"},"primaryImageOfPage":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/#primaryimage"},"image":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/#primaryimage"},"thumbnailUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/07\/nat_res_-il-h1-2022-vacancy.jpg","datePublished":"2022-07-06T05:25:56+00:00","description":"Australia now has the lowest industrial and logistics vacancy rate in the world, after falling to 0.8 per cent through the first half of 2022 (H1 2022).","breadcrumb":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/#primaryimage","url":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/07\/nat_res_-il-h1-2022-vacancy.jpg","contentUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2022\/07\/nat_res_-il-h1-2022-vacancy.jpg","width":800,"height":450},{"@type":"BreadcrumbList","@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/royabhishek.in\/urbanbuyer\/"},{"@type":"ListItem","position":2,"name":"Australia\u2019s I&L vacancy rate now world\u2019s lowest"}]},{"@type":"WebSite","@id":"https:\/\/royabhishek.in\/urbanbuyer\/#website","url":"https:\/\/royabhishek.in\/urbanbuyer\/","name":"Urban Buyer: Buyers Agent & Advocates | Best Property Buyers For You","description":"","publisher":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/royabhishek.in\/urbanbuyer\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":["Organization","Place"],"@id":"https:\/\/royabhishek.in\/urbanbuyer\/#organization","name":"Urban Buyer","url":"https:\/\/royabhishek.in\/urbanbuyer\/","logo":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/#local-main-organization-logo"},"image":{"@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/#local-main-organization-logo"},"telephone":[],"openingHoursSpecification":[{"@type":"OpeningHoursSpecification","dayOfWeek":["Monday","Tuesday","Wednesday","Thursday","Friday","Saturday","Sunday"],"opens":"09:00","closes":"17:00"}]},{"@type":"Person","@id":"https:\/\/royabhishek.in\/urbanbuyer\/#\/schema\/person\/e512343607f0603098a628b2f082e58d","name":"urbanbuyer","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d42f47275424a56c9f4cd9c6025919eb181020d3091ce065aac775fd89d9df2b?s=96&d=mm&r=g","caption":"urbanbuyer"},"sameAs":["https:\/\/urbanbuyer.wpengine.com"],"url":"https:\/\/royabhishek.in\/urbanbuyer\/author\/urbanbuyer\/"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/royabhishek.in\/urbanbuyer\/australias-il-vacancy-rate-now-worlds-lowest\/#local-main-organization-logo","url":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2021\/08\/UB-Logo-Colour.png","contentUrl":"https:\/\/royabhishek.in\/urbanbuyer\/wp-content\/uploads\/2021\/08\/UB-Logo-Colour.png","width":3920,"height":761,"caption":"Urban Buyer"}]}},"_links":{"self":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/posts\/2993","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/comments?post=2993"}],"version-history":[{"count":0,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/posts\/2993\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/media\/2994"}],"wp:attachment":[{"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/media?parent=2993"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/categories?post=2993"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/royabhishek.in\/urbanbuyer\/wp-json\/wp\/v2\/tags?post=2993"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}