$26.6bn
$X.Xbn
29,243
34,009
$XXX.Xm
Industry property operators have benefited from rising total merchandise imports and exports and expanding business inventories in recent years. Growth in online shopping's popularity has supported demand for industrial property. In particular, tenant demand for warehousing, transport and logistics facilities has accelerated. The perfect storm of spiking industrial property prices and relatively strong industrial rental yields have supported industry expansion and profitability. Negotiating lower rental payments for tenants adversely affected by the COVID-19 pandemic limited industry growth in recent years, but frenzied demand for limited available industry property outweighed this constraint. Overall, industry revenue is expected to rise at an annualised 5.1% over the five years through 2022-23, to $26.6 billion.Geopolitical tensions overseas have compounded pandemic-related supply chain disruptions in the past few years. This has contributed to demand for distribution and warehousing locations skyrocketing. Many downstream operators have sought to enhance their storage and logistics capabilities to future-proof themselves from similar disruptions. Surging demand for industrial and logistics assets in Australia has heightened both property values and rental yields for property operators. That's why the industry's performance includes an expected jump of 4.9% in 2022-23. On the other hand, inflationary pressures and repeated interest rate hikes stunted business confidence and will begin to slow industry expansion.Demand for property operation services is set to slip, as fixed-interest rate periods roll over and long-term leasing contracts expire. Growth in online shopping will support business inventories and demand for industrial warehouses and distribution centres. Commercial and industrial building construction recovery will improve industrial property supply for operators. However, improved supply has the potential to limit per-unit rental yields. Industry revenue is projected to drop at an annualised 0.4% over the five years through 2027-28, to $26.1 billion.
Industry revenue has grown at a CAGR of 5.1 % over the past five years, to reach an estimated $26.6bn in 2023.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 |
---|---|---|
Centuria Capital Limited | 266.1 | |
Frasers Property Australia | 162.1 | |
Goodman | 154.3 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Industry revenue is measured across several distinct product and services lines, including Secondary production buildings and factories operation, Warehouses and distribution centres operation and Agriculture and aquaculture buildings operation. Secondary production buildings and factories operation is the largest segment of the Industrial and Other Property Operators in Australia.
Warehouses and distribution centres have been beholden to online shopping trends
Industry operators primarily lease industrial and other commercial property (excluding office and retail property).
Purchase this report to view all 3 major companies in this industry.
ANZSIC 6712 - Industrial and Other Property Operators in Australia
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Rising merchandise trade and growing business inventories have fuelled demand for transport and logistics facilities. An economic rebound from supply chain disruptions has sp...
Learn about an industry's products and services, markets and trends in international trade.
Warehouse and distribution centres have buoyed the industry in recent years. Border closures and online shopping trends have heightened this product segment's contribution to...
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Industrial and other property operators find more business in metropolitan regions. Property activity is higher in major cities, and this land is more in-demand and lucrative...
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Operators with strong financial backing are better able to commit resources to analyse market conditions and identify market opportunities. This backing allows them the abili...
Learn about the performance of the top companies in the industry.
Most operators have small portfolios of only one or a few properties, meaning the industry lacks major players. Nevertheless, well-known companies with larger and more valuab...
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Industrial and other property operators are subject to stringent regulations, aimed at protecting tenants and enforcing local zoning laws. Contracts can involve large transac...
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
The major costs for industrial property operators are acquisition costs. Massive capital investment is required to purchase, develop and maintain property.
Including values and annual change:
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Unlock comprehensive answers and precise data upon purchase. View purchase options.
The market size of the Industrial and Other Property Operators industry in Australia is $26.6bn in 2024.
There are 34,009 businesses in the Industrial and Other Property Operators industry in Australia, which has grown at a CAGR of 7.5 % between 2018 and 2023.
The market size of the Industrial and Other Property Operators industry in Australia has been growing at a CAGR of 5.1 % between 2018 and 2023.
Over the next five years, the Industrial and Other Property Operators industry in Australia is expected to decline.
The biggest companies operating in the Industrial and Other Property Operators market in Australia are Centuria Capital Limited, Frasers Property Australia and Goodman
Secondary production buildings and factories operation and Warehouses and distribution centres operation are part of the Industrial and Other Property Operators industry.
The company holding the most market share in Australia is Centuria Capital Limited.
The level of competition is high and steady in the Industrial and Other Property Operators industry in Australia.