On the Up and Up - The Rise of Multistorey Warehousing
Australia is on the verge of its first multistorey warehouses, with an additional 350,000sqm of distribution space required annually to service e-commerce growth and a reactive supply chain. Hear from Christine Miller, CBRE's Senior Director of Supply Chain with Verity Jenkins, Research Analyst and one of the co-authors, on the feasibility of multistorey developments in Australia found that based on the current cost of land, associated construction costs of the facilities and forecast growth in achievable rents.