Sentiment - Subdued market, with less investor demand Valuation - Lower activity, lower prices, no changes in yields Brisbane is the smallest industrial market on the east coast of Australia, driven mainly by distribution, construction and services, with a relatively small manufacturing base. Around 293,000 sq. m leased in 2015 (55% Southside), down 53% from 2014 activity. Market relatively quiet in 2015, with downturn in resources sector and tail-end of major infrastructure