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OFFICE

Positive signs as Australian CBDs welcomed more workers back to the office in May, with a strong uptick in office occupancy recorded across all CBDs, with some cities recording up to 80% occupancy on peak days.

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The Property Council of Australia's latest Office Occupancy survey revealed positive signs in the return to CBD offices as occupancy rates in Melbourne, Sydney, and Canberra more than doubled over March 2022.

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The number of workers working from the office has bounced back to pre-Omicron levels, with Melbourne and Canberra recording their highest occupancy levels since June 2021.

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