RESEARCH
RETURN to office mandates are successfully driving demand back up for prime office space in Australia, despite up-and-down results for national vacancy rates in the sector...
According to the latest research from JLL, the third quarter for 2024 saw 272,700sqm in positive demand for prime office stock...
Businesses are now at a crossroads. The persistence of hybrid models coexists with a pressing call from CEOs for more defined office days,” said Michael Greene, head of...
This shift impacts both the amount and utilisation of space, necessitating the creation of innovative, inclusive environments that strike a balance between cost efficiency and employee...
The combined CBD vacancy rate is at 15.1% for Q4 2024, with the premium grade CBD rate at 11.3%, A-Grade stock at 16.4% and B-Grade at 15.5%...
A two-tier market has become evident in Sydney’s CBD as a result of the flight to quality thematic, despite headline vacancy rates appearing higher and in favour of occupiers...
Melbourne CBD vacancy rates are still sitting high, with premium grade vacancy rates at 17.2%, A-Grade at 21.7% and B-Grade assets at 19.5%...
The market is extremely competitive at the east end of the Melbourne CBD with tenants taking the favourable market conditions to position themselves in the...
Brisbane’s office market is experiencing supply pressures, with no new supply with availability expected to enter the market until Q1 2026 and several mooted...
Canberra’s industrial vacancy rate is current the lowest of the capitals, at 8.9%, with prime grade vacancy rates at just 7.4% in Q2 2024...
Larger occupiers may take advantage of the latest wave of new stock coming to market as landlords fight for the harder-to-secure, pre-committing tenant...
The number of good quality options for larger, contiguous floors has reduced significantly over the past 6 to 12 months. Overall, however, CBD market conditions remain tenant favoured...
By 2028, Australia will see a further 24 new office developments and eight refurbishments completed, with 867,800sqm total stock under construction...
By embracing these changes and focusing on strategic workspace solutions, companies are positioning themselves to remain competitive and future-ready in...