2024-08-02-莱坊-Sydney_Industrial_State_of_the_Market_Q2_2024_2页_485kb

Net face rents have held steady since late 2023 with slight increases in incentives. In Q2, tenant demand was primarily driven by transport and manufacturing, making up 71% of deal volumes. Vacancy rates climbed 9% to 249,525 sqm, remaining 46% below historical levels. Prime and secondary yields were stable at 5.46% and 6.38%, respectively. New supply for 2024 is projected at 866,420 sqm, with 342,771 sqm already delivered in H1.