Brisbane Industrial and Logistics Figures Q2 2025

Key Points:

• Gross take-up increased compared to last quarter, totalling c.167,000 sqm, with retail trade occupiers dominating lease activity.
• New floorspace added to the market totalled c.157,000 sqm. One-third of the new supply to be added in 2H25 is currently pre-committed.  
• Average net face rents for super prime, prime and secondary grade assets saw marginal growth in 2Q25, increasing by 0.5%, 0.8% and 0.6% q-o-q, respectively. However, net effective rents declined marginally over the quarter for super prime and prime grade assets.
• Land values appreciated by approximately 4% and 7%, q-o-q, for 1.6 ha and 0.25 ha lots, respectively.
• Investment sale transactions totalled AUD 770 million (for transactions ≥ AUD 5 million) - reaching the 10-year long-run average.
• Yields remained stable over the quarter; however, midpoint yields across all asset grades have tightened by an average of 33 bps on a year-on-year basis.