This was the largest industrial lease deal in Outer West Sydney in Q2
Demand in the region reached record levels in a year.
According to Dexus Research, Outer West Sydney (OWS) saw its strongest demand over the past decade in the twelve months to Q2 2025, although take-up in the second quarter stalled.
The largest lease deal completed in OWS was a 19,000 sqm pre-lease in Kemps Creek from The Consortium Clemenger, a warehousing and storage company.
“New supply in OWS made up around 35% of all supply that came online over the quarter. Net face rent growth was flat in Q2, although incentives rose impacting net effective rents. Vacancy in the Outer West remains high at 4.7%,” the report said.