Adelaide industrial sales hit $404m in H1, and agents regroup
Defence and police tenants anchor the biggest deals. Since the report, the main visible change is a leadership move at CBRE.
- Source Briefing
- Read original source · The Urban Developer, 25 August 2026
Adelaide recorded 24 industrial investment sales worth $404 million in the first half of 2026, according to a Knight Frank report covered by The Urban Developer on 25 August. That report is about 11 weeks old, so this article checks what has changed since. We found no newer sales tally, and the only clear change is a leadership move at one agency.
Why it matters
For warehouse and logistics investors, the report says volume was already past last year’s halfway mark and that Adelaide is on track to exceed 2025 volumes, in Knight Frank’s words. Knight Frank also said demand is coming from private investors, syndicators, institutions and professional fund managers.
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Government tenants anchor several of the largest deals, which suits buyers wanting secure income.
The numbers
Knight Frank’s figures, as reported on 25 August:
- Transactions: 24, worth $404 million; Knight Frank handled $129 million (32 per cent).
- Prime net face rents rose 3.1 per cent year on year to an average of $149 per square metre.
- Land values rose 10.5 per cent for small lots and 13.9 per cent for medium lots over the year.
Largest sales named in the report:
- 6-14 Oxenham Street, Dudley Park: $25.25 million, leased to the Department of Defence.
- 46-58 Ashwin Parade, Torrensville: $22.25 million, cold storage leased to PFD Food Services.
- 5 Talisman Avenue, Edwardstown: $21.5 million, leased to SA Police.
- Turin Place and Bremen Drive, Salisbury South: $18.5 million.
- 75 Kaurna Avenue, Edinburgh: $12.125 million, a 6,767 square metre logistics facility sold to a private investor by MA Financial, drawing 105 enquiries.
Property Markets reported on 6 August that the Edwardstown asset was bought by Adelaide syndicate Curated Capital from MA Financial, with SAPOL as the whole-site tenant and passing net income of about $1.02 million a year.
What’s next
Since the report, our own coverage recorded that CBRE named Paul Tierney to lead its South Australian industrial and logistics team on 2 November, with predecessor Paul McKay moving to capital markets. That is a staffing change, not a market data point, and CBRE released no transaction values with it.
We could not find a Q3 sales update or a new tally. Until Knight Frank or another agency publishes one, the H1 figures are the latest on record, and a full-year comparison with 2025 remains to be seen. The report states no yields, so none are given.
Sources
The Urban Developer (25 August 2026) and Property Markets (6 August 2026), linked above.
Quick answers
What is the latest on MA Financial?
Defence and police tenants anchor the biggest deals. Since the report, the main visible change is a leadership move at CBRE.
What are the key numbers in this story?
H1 2026 sales: $404 million; transactions: 24; average prime net face rent: $149/sqm.
Where does this information come from?
This story cites The Urban Developer, 25 August 2026 and Property Markets, 6 August 2026. Every source is linked on the page.
On the record
Our earlier coverage shows CBRE moved Paul Tierney into the head of its SA industrial and logistics team on 2 November, after the half-year sales record.
Our coverage · Read our earlier story
Also reported by
- The Urban Developer, 25 August 2026Adelaide industrial property sales, Knight Frank report 2026
- Property Markets, 6 August 2026Industrial Asset in Adelaide's Inner South Sells for $21.5M in Off-Market Deal
Filed by the AusDev Adelaide Desk. How we report.