Figures Brisbane Industrial and Logistics Q1 2025

Key Points:

• Gross take-up fell by 10% compared to last quarter, totalling 98,000 sqm. Transport, Postal and Warehousing occupiers dominated lease activity in 1Q25.
• New floorspace added to the market in 1Q25 totalled c.180,000 sqm, which is double total new floorspace added last quarter. 
• Super Prime grade net face rents increased marginally by 0.5% (q-o-q), while prime and secondary grade rents remained stable over the quarter.
• Land values over 1Q25 for both 1.6 ha and 0.25 ha lots remained stable at an average of AUD 588/sqm and AUD 715/sqm, respectively.
• Investment sale transactions in 1Q25 totalled AUD 333 million (for transactions ≥ AUD 5 million), representing a 36% increase compared to the same period last year. 
• Yields tightened over the quarter, with the midpoint yield for super prime, prime and secondary grade assets at 5.7%, 6.0% and 6.9%, respectively.