Gone are the days of the smokestacks, the recent Industrial State of Play lunch highlighted the growing diversification and innovation in Queensland’s industrial property sector.
Keynote speaker, Michael Campbell from Lucid Economics, outlined the key challenges facing the sector as well as opportunities for growth.
The panel discussion moderated by our Industrial Committee Chair, Stephen Mason, delved further into the issues and opportunities facing the sector.
Here are three key takeaways from the discussion:
- Amanda Steele from ISPT outlined land supply, or lack thereof as a key issue facing the sector. Jesse Curtis from Centuria Capital Group emphasised the importance of finding land with good access to a population.
- Charlotte Brabant from Realterm said Queensland’s tax and planning environment gives Brisbane a competitive advantage as an industrial destination over Sydney and Melbourne.
- Luke Crawford from Cushman & Wakefield shared with attendees that Brisbane’s industrial infrastructure was among the best in the country.
The lunch was made possible thanks to the generosity of major sponsor Cushman & Wakefield and support sponsor Brisbane Airport Corporation.
Launched at this event was “Winning the Supply Chain Revolution” the first in a series of thought leadership pieces that champions the industrial sector as more than a ‘box warehouse by the airport’ and identifies the planning and infrastructure setting we need to tweak to enable to delivery of fit for purpose industrial land.