The Brisbane CBD Office market is again in a treading water stage despite some significant movements in market indicators. Results from Property Council’s Office Market Report highlight a significant increase in take up this period which has been instrumental in the reduction of vacancies to 15.33%. Unfortunately the strata office market has not followed this movement as tenants have opted for newer premises during a time of competitive leasing deals resulting in strata vacancies growing to 13.04%.
To read the complete Brisbane CBD Office Market Update please click here.
David Peterson Head of Asset Management July 2024 Navigating the complex landscape of commercial real estate can be challenging. Whether you’re a seasoned investor or just starting, understanding the intricacies of property and asset management is crucial to maximising your investment returns. This is where our free strategy session … Read more
David Peterson Head of Asset Management June 2024 As the current financial year draws to a close, it is imperative for property owners and managers to conduct a thorough review of their building operational expenses. This practice not only ensures fiscal responsibility but also sets the stage for … Read more