Overview

‍- Industrial demand remains solid supported by population growth, freight/logistics activity and
trade-based businesses.
- Vacancy rates have normalised giving tenants more choice
- Prime assets continue to outperform. Modern improvements, high clearance and good access,
while older stock can require more competitive pricing or leasing strategy.

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What is driving the market

‍- Population & Consumption Growth. More people means more movement of goods, more trade
services, and greater last-mile demand
- Infrastructure and Connectivity. The Brisbane industrial market benefits from strong freight
routes and precinct development, supporting long term tenant demand.
- Tenants are balancing rent against total occupancy costs (outgoings, power, fitout, transport
efficiency), pushing demand toward functional buildings that reduce operating costs.

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Leasing Market Conditions

‍- Steady demand and improved tenant choice. Industrial vacancy has been reported at an
average of 4.3%.
- Rents continue to grow, albeit at a moderating pace compared with the rapid increases earlier
in the cycle. Incentives are generally compressed due to the supply constraints.
- Brisbane’s industrial leasing remains strong, underpinned by logistics demand and population
growth.

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Investment Market

‍- Brisbane continues to attract institutional and private capital into the industrial sector. A recent
example includes super fund, UniSuper acquiring a multi-asset industrial portfolio in Brisbane’s
southwest, highlighting ongoing depth for quality industrial stock.
- The best results are well-specified buildings with lease security and leasing depth.

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Acquisitions

‍- Brisbane’s commercial property market is recording steady acquisition activity across office,
industrial, retail and mixed-use assets.
- Investor confidence is improving, supported by more stable capital markets and financing
conditions.
- Buyers are targeting high-quality, well-leased properties with strong income security.
- Activity is being driven by a mix of institutional investors, private buyers, and super funds.
- Recent deals have ranged from suburban office assets to CBD-fringe / precinct-style holdings.
- Market fundamentals remain supported by population growth, infrastructure investment, and
tenant demand in key locations.