According to Cushman & Wakefield’s Rethinking Australian Offices 2024 report and based on an analysis of 250 leasing briefs in the Sydney and Melbourne CBDs in the past 12 months, 45% of tenants changing offices within the CBD moved into a higher-grade space.
Potential shift of focus for foreign office investors in 2019, says JLL
JLL's Australian Office Investment Review & Outlook 2019 suggests the value proposition in Brisbane, Adelaide, Perth and Canberra is becoming more pronounced as prime grade yield spreads to Sydney and Melbourne.