The Industrial Land Shift

NATIONAL OVERVIEW

SYDNEY

MELBOURNE

BRISBANE

PERTH

ADELAIDE

CONTACT INFORMATION

THE INDUSTRIAL LAND SHIFT

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Industrial Land Take -up And Years Remaining

Industrial land take -up reached 65 hectares in 2025, exceeding the 10

-year annual average of

Adelaide Industrial Land Take

-up (hectares)

55 hectares and representing the strongest year of absorption since 2020. Activity was supported by continued pre -lease commitments, a modest increase in speculative development and resilient owner -occupier demand despite the increasingly limited availability of development -ready industrial land. Land take -up remained concentrated across Adelaide's northern industrial corridor, accounting for more than 90% of absorption. Activity was led by

120

100

80

Direk and Edinburgh,

including Centuria's 50 –64 Mirage Road development (sold to an owner 20,000 sqm facility at Edinburgh Park, together with continued take

-occupier), DHL’s

60

-up across institutional

40

land holdings. Outside the northern corridor, activity remained comparatively limited, with the West supported by the SA Government's new Forensic Centre at North Plympton. -up is expected to become increasingly dictated by the pace of infrastructure delivery, government land release and the conversion of zoned employment land into development -ready industrial estates. With specialised occupier requirements expected to grow given the broader shift to automation and defense related enquiry, this will place additional pressure on existing land supply. Looking ahead, annual take

20

0

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

Adelaide 2025 Industrial Land Take

-up Share by Submarket

159 ha ACTIVE LAND SUPPLY

85 ha DEVELOPER CONTROLLED ACTIVE SUPPLY

7%

Outer North

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

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

Inner North

35%

West

56%

Outer South

2.9 YEARS ACTIVE LAND SUPPLY REMAINING

1.5 YEARS DEVELOPER -CONTROLLED ACTIVE LAND SUPPLY

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