The industrial sector continues to be one of the strongest performing asset classes, and South East Queensland (SEQ) is well positioned for long-term growth. With significant population increases forecast, major infrastructure investment underway, and the lead-up to the 2032 Olympics, the region is set to benefit over the coming decade.
As we move through the third quarter of 2025, market activity remains positive. The SEQ industrial market is underpinned by strong fundamentals, including ongoing infrastructure upgrades and the continued expansion of e-commerce, which are driving sustained demand.
In 2024, Brisbane saw a slight easing in leasing demand alongside a modest increase in available industrial stock. This has led to a more balanced market, where tenant incentives have become a key focus. With rising face rents and associated costs such as relocation, fit-outs, and racking, tenants are placing greater emphasis on incentive offerings when considering new lease commitments.
Despite the rise in available stock, absorption rates have remained healthy. New and existing speculative developments are being well received, helping maintain a tight and stable market outlook for the remainder of 2025.