Brisbane Industrial and Logistics Figures Q4 2025

Key Points: 

• Gross take-up increased compared to 3Q25, with around 109,100 sqm (transactions >4,000 sqm) of floorspace leased. Leasing demand has continued to improve, with occupiers seeking both functional and cost-effective solutions for their businesses.  
• New floorspace added to the market in 4Q25 totalled c.103,000 sqm, which represents 17% of the 2025CY supply. The 2026 and 2027 supply pipeline remains moderate, with 41% pre-committed.
• Tight vacancy conditions continue to place upward pressure on rents, with average net face rents increasing across all asset grades over the quarter. 
• Land values continue to appreciate, with 1.6ha and 0.25ha lots increasing by approximately 5.9% and 4.3%, q-o-q, respectively. 
• Investment sale volumes in 4Q25 totalled approximately AUD 336 million, bringing the CY2025 total to AUD 2.8 billion, almost double the long-run average of AUD 1.5 billion.
• Yields across Brisbane remained relatively unchanged over the quarter, besides secondary grade assets, which tightened by approximately 50bps to 6.6%.