The Adelaide Industrial and Logistics continues to perform well throughout 2024. The Colliers team of sales and leasing experts have been involved with a number of key transactions and are witnessing increased demand from both occupiers and investors across all markets.

Ongoing investment in infrastructure, defence projects and steady population growth are set to underpin the states economy and the Industrial market for many years to come.

The expert team have been highly active and dominant in South and Inner West Adelaide markets, having completed 10 transactions along the South Road Corridor in recent times.

The team have transacted over $21 million across 6 sales, in addition to 4 leasing transactions so far in 2024.

When looking at these deals occurring across these sub-markets, owner occupiers and local private investors remain the active buyer groups, many of which have had assets compulsory acquired through the T2D project.” Mentioned Mr Barrett. 

Land growth is continuing across all markets, with increasing demand, particularly from owner occupiers and developers. Mr Brown adds “We are not expecting to see slowing of land rates throughout these submarkets, given the current lack of supply.” 

While land pressures will be eased throughout the West with the ongoing release of Adelaide Airport Land in the coming years, development ready opportunities remain scarce throughout all markets.

Attraction to the Adelaide Industrial & Logistics market and increased demand is further supported by the ongoing Defence projects including $368BN AUKUS deal for the submarine building at the Osborne Naval Shipyard, which will underpin the state’s economy for decades.

The project will attract significant investment and infrastructure spend from both the private and public sectors, creating 20,000 jobs over the next 30 years. 
“We are expecting a significant uplift in Defence related requirements once more South Australian businesses enter the supply chain.” Said Mr Tierney

South Australia has had the fastest economic growth and strongest job market of all states, making it an ideal location to invest in or run a business. Population growth has tripled over the past 2 years, further supporting the heightened interest being witnessed. 

To find out more about the teams current opportunities, to book in a market update or to see how the Adelaide team can help with your industrial & logistics requirements, please reach out to one of the experts below. 

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