Adelaide Industrial and Logistics Figures Q2 2026

Key Points:

• Leasing activity strengthened during Q2, lifting annual take-up well above the long-term average as occupier demand remained resilient despite a more cautious economic backdrop.
• Development activity remains elevated, although strong pre-commitment levels continue to limit speculative supply and support market fundamentals.
• Tight vacancy continues to underpin rental growth, with super prime and prime assets outperforming while incentives remain broadly stable.
• Owner-occupier demand and limited serviced industrial land continue to drive land value growth, particularly across Adelaide’s northern and western precincts.
• Investment activity remains resilient, supported by Adelaide’s strong economic fundamentals, defence-related investment and sustained demand for quality industrial assets.
• Industrial yields softened only marginally during the quarter, reflecting broader capital market conditions while remaining well supported by occupier fundamentals.