• Industrial GVA performance was subdued across all industrial sectors to Q3 2018 recording growth of just 0.3% y-o-y
  • Average industrial rent growth was stable with super prime net face rents increasing 0.7% q-o-q with Adelaide (1.7%) and Melbourne (1.4%) recording the strongest growth
  • Super prime yields remained unchanged in all markets except Sydney in Q4. Sydney yields are the sharpest in the country, compressing 25bp to 4.85%, followed by Melbourne at 5.25%
  • Land values continued to grow with average prices per square metre for 1.6ha parcels up 5.3% y-o-y driven by strong growth in Sydney, Brisbane and Melbourne
  • Transaction volumes in Q4 were 19% higher than Q3 and totalled $1.89b. This increase was driven by a number of portfolio transactions.