Anthony Vulinovich

Buyer demand for industrial land in the northern suburbs is ramping up, with Raine & Horne Commercial recording more than $4 million in land sales in the past seven days, with negotiations for another $3 million to $4 million in transactions expected to be complete by the end of the month.

Sales at the Swan Brewery Industrial Estate have surpassed $70 million, with 55 lots at the Linc Property-developed estate sold since August last year.

National dairy products supplier Lion is divesting some of its land holdings in Bentley, including a 2.9-hectare site, following its recent consolidation of the Masters Dairy depot as parts of its three-year growth plan.