Australian Industrial Horizons

27

LOGISTICS & INDUSTRIAL RESEARCH | INDUSTRIAL HORIZONS

TAKE-UP & YEARS REMAINING Since 2020, industrial land take-up in Adelaide has averaged approximately 55 hectares per annum, most of which has occurred within the northern submarkets. Take-up was substantial between 2018 and 2020 and was the result of major pre-commitments, which included the Metcash at Gepps Cross and Drakes at Edinburgh North. Land take-up within the Inner North has been driven by activity within the Wingfield, Regency Park and Woodville North precincts and includes Fife Capital’s Wingfield Logistics Park and ISPT’s Charles Sturt Industrial Estate. For the Outer North, take-up has been most pronounced within Edinburgh and Direk. Take-up has been more limited in the South and reflects the more limited vacant land holdings. Years Remaining Based on annual take-up volumes of 55 hectares per annum, this suggests that active land stocks will be exhausted within xx years. While there is potential for additional zoned land to be added to the market within the Outer North and Outer South, the timing of this is uncertain as the majority of this land is not serviced.

Adelaide Industrial Land Take-up (hectares)

120

100

80

60

40

20

0

2014 2015 2016 2017 2018 2019 2020 2021

2022 2023 2024

10-Year Average

Adelaide Industrial Land Years Remaining

Active Land Supply

Total Land Supply

Land Remaining (hectares)

TBC

TBC

Average Annual Take-up – Base Case (hectares)

TBC

TBC

Years of Land Supply Remaining

TBC

TBC