Australia’s industrial market maintained its resilience in Q3, with investment activity, yield trends, and land values highlighting a broader renewal of confidence and forward momentum heading into 2026.
- Q3 transactions (+$10M) reached $3.6 billion, up 26% Y/Y, reflecting renewed investor appetite.
- Prime yields tightened in Sydney and Brisbane (up to 25bps), with early signs of compression in Perth and Adelaide.
- Take-up of existing space surged, accounting for nearly 70% of deals, as occupiers seek flexibility amid delivery delays.
- Rental growth strengthens - Prime rents rose across key precincts, led by Adelaide, with select gains in Sydney and Brisbane.
- Land value growth accelerated in Brisbane, Perth and Adelaide, driven by supply constraints and strong owner-occupier demand.
Looking ahead, stabilising interest rates, active recapitalisation strategies, and a deeper buyer pool point to continued momentum into 2026.