We are pleased to launch our latest Industrial Shed Briefing Spotlight report.

In this edition, we provide an overview of recent macro, leasing demand and investment trends for the major industrial and logistics markets in Australia.

Key takeaways from the report:

• Year to date investment volumes (+$10M) have reached approximately $8.8 billion, 36% higher than last year.
• Scale investors are re-engaging with industrial, with average individual deal sizes up 30% on the same time last year.
• The holding pattern on interest rates has helped deal flow over the last two quarters, but a pivot to cuts in 2025 are expected to drive more activity.
• Investors are strategically recalibrating by deploying capital to develop or reposition properties in high-demand, growth-oriented markets to increase sector exposure and enhance returns.
• The 2024 development pipeline has been scaled back, helping to boost leasing take-up by 10% from the previous quarter.
• There’s been an uptick in the leasing of spec space, making up 14% of the deal volumes during the quarter—nearly double the proportion seen in the previous four quarters.

Read our Spotlight here.