Latest research from Colliers International shows the Brisbane industrial property market is experiencing solid demand with surging results in the first half of 2017, the best results in a decade, reports theurbandeveloper.com.

$366 million worth of industrial property transactions with a sale price above $5 million have sold within this period, with a landmark sale for the Coca-Cola facility at Richlands for $156 million sealing the figures to an excellent six months to June this year.

Simon Beirne, Colliers international State Chief Executive attributes the results to the resurgence of capital from domestic buyers, with superannuation groups the top of this list. He noted that offshore buyers are still in the market.

The report specified volume sales were down 29% compared to the same period last year due to the lack of supply of solid investment opportunities.

Strong investment was seen in the $20 million and under category, with parties being attracted by good yields. Anthony White, Colliers International Director attributed this to the risk parties as willing to take as stock supply reduces.

Increase in confidence has been reported by owner-occupiers in the sub $10 million space, with 25 transactions in the six-month period.

Property in and around popular motorways such as the Australian TradeCoast and Logan Motorways remains the strongest.

Colliers International predicts these strong results will continue into the second half of the year, with Mr White indicating that supply will be the key to increased sale volumes. New developments are predicted to increase supply, as several substantial industrial facilities are due for completion before the end of the year.