PCA Office survey - Perth and Canberra only markets to increase office occupancy whilst Melbourne drops to 38%
The Property Council’s survey for July 2022 found Melbourne’s occupancy dropped from 49 to 38 per cent, Sydney from 55 to 52 per cent, Brisbane from 64 to 53 per cent and Adelaide from 71 to 64 per cent. Canberra and Perth were the only markets to record an increase in office occupancy, from 53...
Australia tops Asia Pacific for sustainability transparency says JLL Transparency Index
JLL and LaSalle’s Global Real Estate Transparency Index (GRETI) ranks Australia 5th in the world for the most transparent markets for environmental sustainability and the leader in the Asia Pacific region.
CBRE commentary: Property Council of Australia Office Vacancy Statistics
To accompany the release of the latest Property Council of Australia Office Vacancy Statistics, CBRE's Office Leasing experts from around Australia lead by Mark Curtain, CBRE Head of Office Leasing, Pacific and Tom Broderick Head of Office Research Australia share their insights into the key...
Rental premiums being paid as occupiers encourage employees back to the office - CBRE
How important is the physical office when it comes to workplace strategy? It’s critical judging by a new CBRE analysis, which shows that 77% of businesses have paid the same if not more when relocating their Australian CBD offices over the past 18 months.
Melbourne dominates 100,000sqm national sublease fall - CBRE
As outlined in CBRE Research’s latest Sublease Barometer, 242,700sqm of supply was available for sublease across Sydney, Melbourne, Brisbane, Perth and Adelaide at the end of April.
The latest rent collection figures from commercial property management software company Re-Leased reveal a strong recovery for Australia’s commercial property market.
Return to Office Momentum Gathers Pace in Australia and New Zealand says CBRE Occupier Survey
One-third of Asia-Pacific respondents with at least one office in Australia and New Zealand now expect to expand, and for companies solely based in this region there is even more of a leaning toward expansion (40%) versus contraction (36%),” said Tom Broderick, Head of Office and Capital Market...
Australian office investment set to surge in 2022 says Knight Frank
There will likely be a surge in office investment this year according to the latest research from Knight Frank. So far this year $4.9 billion has traded, with a further $6.9 billion worth of stock currently on the market across the six major cities. Knight Frank National Head of Capital Markets...