Cushman & Wakefield forecasts Australian industrial vacancy falls to 2.2% in 2029

• Australia's industrial vacancy is forecast to tighten from 2027, reaching a low of about 2.2% in 2029.
• Warehouse deliveries could reach 3,100,000 square meters between Q3 2026 and Q4 2027; 1,100,000 square meters require pre-commitments.
• Development feasibility recovery has shifted to near 2029, with economic rents 10-25% above market rents in several key markets.
• Gross take-up approached 3,400,000 square meters in 2026 year-to-date; net absorption remained below 770,000 square meters, reflecting relocations rather than expansion.
• Net absorption is forecast to rise from 1,100,000 square meters in 2026 to 1,900,000 in 2027, remaining below the 10-year average.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cushman & Wakefield Ltd. published the original content used to generate this news brief on November 01, 2026, and is solely responsible for the information contained therein.