8th Feb 2021
Industrial sector for 2020 – A Summary
The Australian Industrial property sector remained generally buoyant during 2020, outperforming other commercial sectors such as retail and CBD offices which were impacted by the COVID-19 pandemic. The industrial market remained somewhat insulated from the effects of the pandemic due to the ongoing demand for distribution and logistics, cold storage and manufacturing. In recent years there has also been increased demand for industrial land for the construction of data centres.