Sydney Industrial and Logistics Figures Q1 2026

Key Points:

• Gross take-up over the quarter has decreased significantly compared to 4Q25, totalling c. 91,000 sqm over 1Q26. Transport, Postal & Warehousing led total floorspace leased (43%).
• Average vacancy rate rises marginally and remains relatively low at 2.9% (as at 2H25).
• Development supply increased this quarter with 260,000 sqm of new floorspace added.
• The pre-commitment rate for 2026-2028 pipeline stands at 27%.
• Super prime net face rents recorded y-o-y growth rate of 1.8%.
• Average land values remained unchanged over the quarter across all lots sizes tracked.
• A total of AUD 523 million in investment sales has been recorded in 1Q26, across 8 transactions (for sales ≥ AUD 5 million).
• Super prime, prime and secondary midpoint yields remained unchanged q-o-q sitting at 5.17%, 5.50% and 5.81%, respectively