Australia’s CBD office markets have demonstrated remarkable resilience in the face of new challenges introduced by the COVID-19 pandemic. All but Melbourne CBD, that is. The Property Council of Australia’s Office Market Report for the six months to July 2021 reflected a positive demand for office space for the majority of capital city office...Read More
Property industry confidence levels remained close to record highs, according to the ANZ/Property Council’s latest industry survey conducted immediately prior to recent lockdowns around Australia.Read More
The Property Council of Australia’s latest office occupancy survey has highlighted the challenges ahead for the reactivation of CBDs, with activity fluctuating between weekly peaks and troughs.
The monthly survey, taken before the lockdowns of the past week, has found that office occupancy in Melbourne CBD fell from 45% to 26% per cent of...Read More