What is the Factory and Industrial Building Construction industry?
The Factory and Industrial Building Construction industry is in a mature stage of its life cycle. However, activity fluctuates widely with the start-up and completion of major projects and this can distort growth trends. The slump in construction activity following the global financial crisis was followed by significant investment in warehousing and industrial facilities associated with the resources boom.
The industry's warehousing and distribution segment has benefited from growth in merchandise trade over the past five years, which has absorbed existing storage space and driven up industrial property yields. Growth in online sales has also stimulated investment in warehouse and distribution centres as vendors seek to minimise the time among transaction and delivery... purchase to read more