The Industrial Land Shift

SYDNEY

THE INDUSTRIAL LAND SHIFT | 16

NATIONAL OVERVIEW

MELBOURNE BRISBANE PERTH ADELAIDE CONTACT INFORMATION

Industrial Land Take-up And Years Remaining

Sydney recorded almost 250 hectares of industrial land take-up during 2025, up from 2024 levels and above the market’s recent annual average. Activity was overwhelmingly concentrated within the Outer West, led by continued pre-lease and speculative development within the Mamre Road Precinct and includes commitments at Fife/Stockland’s Kemps Creek Industrial Estate and more recently GPT at their Yiribana West Logistics Estate. Data centre take-up in the precinct has remained strong, headlined by AirTrunk conditionally acquiring IFM’s 53 hectare site at the northern end of the precinct. Outside of the Mamre Road Precinct, land take-up was strong at the Moorebank Intermodal Precinct, with the Kmart pre-commitment absorbing around 20 hectares of land, while occupier appetite within the Aerotropolis is increasing and stems from ALDI’s 19 hectare commitment within Ingham Property Group’s estate at Bradfield. Take-up has remained solid in 2026, with close to 100 hectares of take-up being recorded in H1 2026, and the finalisation of several large pre-lease and data centre acquisitions will result in a material jump in take-up in H2 2026.

Sydney Industrial Land Take-up (hectares)

100 150 200 250 300 350

0 50

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10-Year Average

Sydney 2025 Industrial Land Take-up Share by Submarket

829 ha ACTIVE LAND SUPPLY

661 ha DEVELOPER CONTROLLED ACTIVE SUPPLY

4%

12%

Outer West South West North West North West Central West South

225 ha BASE CASE ANNUAL TAKE-UP (Five-year annual average)

225 ha BASE CASE ANNUAL TAKE-UP (Five-year annual average)

3.6 YEARS ACTIVE LAND SUPPLY REMAINING

2.9 YEARS DEVELOPER-CONTROLLED ACTIVE LAND SUPPLY

83%

Powered by