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, and the initial impacts of increased industrial requirements relating to the Olympics are now starting to flow through.
As we move into the final quarter of 2026, market activity remains positive. The SEQ industrial market is underpinned by strong fundamentals, including ongoing infrastructure upgrades, continued population growth and the expansion of e-commerce, which are driving sustained demand.
In 2025, Brisbane saw a period of rebalancing as a wave of new supply entered the market, giving tenants more options and keeping incentives a key focus. Through 2026, that additional stock has been absorbed quickly, vacancy has tightened, and face rents have returned to solid growth. With relocation, fit-out and racking costs still front of mind, tenants continue to place strong emphasis on incentive offerings when considering new lease commitments.
With new speculative development slowing and demand remaining healthy across the region, competition for quality space is building again. The outlook for the remainder of 2026 and into 2027 is for a tight and stable market.
