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Thursday April 25, 2024

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Demand Slump Pushes Office Vacancies to 28-Year Highs
Commercial
Monday February 5 2024

Demand Slump Pushes Office Vacancies to 28-Year Highs

Office vacancies across Australia have hit new 28-highs as demand has slumped to record lows, new data suggests.

Australia’s Office Vacancies Hit 27 Year Highs
Commercial
Friday August 4 2023

Australia’s Office Vacancies Hit 27 Year Highs

Office vacancies across Australia have reached 27-year highs as new supply has come online at the same time as demand has faltered.

Demand Holds Up Even as Supply Pushes Office Vacancies to 25-Year Highs
Commercial
Thursday February 2 2023

Demand Holds Up Even as Supply Pushes Office Vacancies to 25-Year Highs

Demand for office space across major Australian cities continues to hold up reasonably well, the latest data shows.

Aussies Still Value Offices for Collaboration
Commercial
Friday May 29 2020

Aussies Still Value Offices for Collaboration

Australian workers still value offices notwithstanding that many  want more flexibility and dedicated work space in their homes, a survey has found.

Office Tenants Demand Better Perks
Commercial
Monday January 6 2020

Office Tenants Demand Better Perks

Corporate tenants and employees are demanding greater perks from their offices including childcare, on-site cafes, wellness initiatives and gym access, a survey has found.

Stumbling WeWork to lay off 2400 employees
Commercial
Friday November 22 2019

Stumbling WeWork to lay off 2400 employees

WeWork is laying off about 2,400 employees, almost 20 per cent of its workforce, as the office-sharing company seeks to drastically cut costs after it transformed...

Australian Office Demand Falls Flat
Commercial
Monday August 5 2019

Australian Office Demand Falls Flat

Growth in demand for office space has slowed to its lowest level on record in four years, the latest data says.

Drop in Brisbane CBD Office Market Demand
Commercial
Friday February 2 2018

Drop in Brisbane CBD Office Market Demand

A rise in office vacancy in the Brisbane CBD has been attributed to a market in transition, with reductions in tenant demand expected to be corrected...

Office Rents Set to Take Off
Commercial
Monday May 15 2017

Office Rents Set to Take Off

Rents for office space in Sydney and Melbourne are set to rise by 23 percent each over the next three years as rising demand is met...

Business
6 Sep, 2018
Investa Mulls Rival Last-minute $3.3bn Bid

Investa Office Fund is adjourning a planned shareholder meeting that was set to vote on a takeover by Blackstone Group while it mulls a higher rival...

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Commercial
2 Feb, 2018
Tighter Office Markets Reflect Strengthening National Economy

Overall demand for CBD office space has grown for the seventh straight period, with Australia’s tightening office markets reflecting a strengthening economy new figures show.

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Business
15 Oct, 2015
Perth Office Vacancy Push Developers Towards Retail

Almost one fifth of Perth's office space is now sitting empty and vacancy rates are tipped to get worse with several new complexes coming online.

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