Regional industrial rents, values rising faster than in capital cities

Regional industrial rents, values rising faster than in capital cities

Very supportive AFR article by Larry Schlesinger, following a research report prepared by Colliers on Regional Spotlight Report, reaffirming Stirling’s Strategy of acquiring quality industrial assets in undervalued, strengthening regional industrial markets, with improving e – commerce, infrastructure investment and population growth. This was the underlying thesis of Stirling’s recent acquisition of 2 industrial assets in Steel River Industrial Estate, Newcastle, for Stirling Enhanced Yield Fund

Newcastle based director, Trent Robertson said, “Newcastle industrial rental growth over the past 12 months has measured 10 per cent, which is well above the rates recorded in Sydney over the same period”

Click on the button above to read the AFR article in full.