In the third quarter of 2025, industrial land prices showed mixed trends globally, shaped by local demand, infrastructure readiness, and broader economic conditions. In the United States, industrial land values remained relatively steady, even as overall commercial real estate activity slowed.
High interest rates and reduced access to capital led many investors to pause decisions. However, limited supply in key logistics hubs kept prices from falling significantly.
In contrast, Australia saw a continued rise in industrial land prices, especially in areas like Adelaide where infrastructure delays and limited land releases constrained supply. The industrial sector benefited from strong demand for warehousing and logistics, driving competition for available parcels, despite shrinking lot sizes.
Japan experienced notable growth in industrial land prices. Strong domestic and foreign investment, supported by a weaker yen, boosted demand in logistics and high-tech manufacturing zones. Urban industrial pockets saw rapid price gains as investors chased stable returns in a low-yield environment.
In India, particularly in Bihar, significant public investment in acquiring industrial land across multiple districts indicated a push for future manufacturing hubs. Projects managed by the Infrastructure Development Authority and transferred to BIADA showed a clear move to support industrial expansion, which likely put upward pressure on land values due to anticipated development and demand.
Meanwhile, Vietnam emerged as a strong performer, with rising demand for industrial land driven by robust manufacturing growth and continued foreign direct investment. As global firms diversified supply chains under the “China Plus One” strategy, Vietnam's strategic position and stable growth outlook fueled interest in industrial zones.