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The Dynamics of the Australian Industrial Property Market

Author/s: Jinu Kim

Date Published: 1/01/2003

Published in: Volume 9 - 2003 Issue 4 (pages 398 - 408)

Abstract

This paper aims to analyse the dynamics of the Australian industrial property market in terms of the economic and location factors between 1984 and 2002. The focus is to look at the cyclical patterns of Australian industrial property investment performance. This paper investigates the economic and location factors of the Australian industrial property market with investment performance index (total return). The sector specific economic factors of Australian industrial property market started to decline after more than 10 years positive growth between 1991 and 2002. The Sydney industrial property market was under negative location factors from 2001. The Melbourne industrial property market started to grow with positive location factors from 2001. The Brisbane industrial property market was under negative location factors since 1996.

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Keywords

Australian Industrial Property Market - Location Factor - Sector Specific Economic Factor

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