The Australian Green Building Council (GBCA) has released what it says is the world's first green-building rating tool the industrial property sector.

The changes represent the largest monthly declines since AAR began recording traffic in 1997.

The US sub-prime mortgage crisis has finally begun to ripple through industrial property markets across the Asia Pacific region.

HSA Commercial Real Estate managed to purchase nearly one million square feet since Labor Day.

And sales are off 68% from the same period last year.

Leading indicators for the industrial real estate sector continue relentlessly downward.

These resignations and the drop in earnings and value that prompted them appear to have set off a chain reaction.

'Industrial tenants looking to lower their rents now should still consider green buildings.'