珀斯工业市场状况报告2025年第四季度

Investment Rating - The report does not explicitly state an investment rating for the Perth industrial market Core Insights - Rental growth in the Perth industrial market has slowed, with prime net face rents averaging $154/sqm in Q4 2025, reflecting a 4.8% year-on-year increase but remaining flat quarter-on-quarter [8] - Land values for small-sized lots have risen significantly, averaging $627/sqm, which is a 12.2% increase in 2025 and a 1.8% increase quarter-on-quarter [8] - Prime industrial yields have remained stable at 6.50% for the ninth consecutive quarter, indicating a consistent market environment [8] Summary by Sections Rental Market - Prime net face rents in Perth averaged $154/sqm in Q4 2025, with a year-on-year growth of 4.8% but no change from the previous quarter [8] - The East precinct remains the most expensive for industrial space, averaging $164/sqm [8] - Incentives for renting have become more common, averaging 9.6% for prime spaces [8] Land Values - Land values for small-sized lots have increased to an average of $627/sqm, marking a 12.2% rise in 2025 [8] - The report highlights a quarter-on-quarter increase of 1.8% in land values [8] Market Yield - Prime industrial yields have stabilized at 6.50%, maintaining this rate for nine consecutive quarters [8] Economic Indicators - Western Australia is projected to experience the strongest population growth among Australian states over the next five years [8] - Economic indicators for WA show a GSP growth forecast of 1.7% for 2025, with a population growth rate of 2.1% [14]