Sydney Industrial and Logistics Figures Q4 2025

Key Points:

• Gross take-up over the quarter has decreased significantly compared to 3Q25, totalling c. 95,000 sqm over 4Q25. Transport, Postal & Warehousing led total floorspace leased (56%).
•  Average vacancy rate rises marginally and remains relatively low at 2.9% (as at 2H25). 
• Around 10% of the CY2025 supply pipeline reached PC this quarter, bringing the total new supply for the year to c.667,000 sqm.
• The pre-commitment rate for 2026-2028 pipeline stands at 25%.
• Super prime face rents y-o-y growth rate stands at 2.6%.
• Average land values remained unchanged over the quarter across all lots sizes tracked.
• A total of AUD 624 million in investment sales has been recorded in 4Q25, across 15 transactions (for sales ≥ AUD 5 million).
• Super prime midpoint yields tightened slightly at stand at 5.17%, whereas prime and secondary midpoint yields remained unchanged q-o-q sitting at 5.50% and 5.81%, respectively.