News

OFFICE

Last week’s release of the Property Council Office Market report showed Australian office vacancies have decreased over the first half of 2019, but tenant demand has only had a modest impact on this result reflecting the softer economic conditions over the period. Vacancy rates around the country decreased to 8.3 per cent for July 2019 (down from...

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The Property Council’s new ’A Guide to Office Building Quality’ third edition has been released. This milestone is something for our industry to embrace as the latest voluntary Guide provides our basis for common language on office quality.

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The January 2019 Office Market Report, released by the Property Council of Australia, reveals growing demand for office space is driving down vacancy rates in CBDs across Australia, with Melbourne and Sydney at decade-lows. A market-by-market wrap is below:

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Traditionally high-quality office space is often associated with the floorplate size and overall scale of a building. The property industry have historically supported this view, however does floorplate and building size matter in today’s office market?

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Is Perth really in recovery?

OFFICE • September 27, 2018

The latest results from the Property Council/IPD Australian All Property Index (produced by MSCI) show that capital growth in Perth’s CBD office market has returned to positive territory for the first time in four years.

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The July 2018 Office Market Report, released by the Property Council of Australia, reveals Australia’s largest office markets are tightening. Australian CBD office vacancy rate decreased over the six months to July 2018, from 9.8 to 9.2 per cent, with all CBD markets recording a decline in their vacancy rates during this period. A market-by-market...

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