Tags » Office Rental

20 Apr 2016 (AFR) - Brisbane office towers to hit 20% vacancy rate, JP Morgan and BIS Shrapnel say

(20 April 2016, AFR, p39, by Matthew Cranston)

‘Brisbane’s office towers are expected to be more than 20 per cent empty by next year because of increased supply and a downturn in the resources industry, according to both BIS Shrapnel and JPMorgan. 52 more words

1.Market Observations

14 Apr 2016 (AFR) - Sydney office towers fill while Perth CBD empties

(14 April 2016, AFR, p37, by Robert Harley)

‘The office towers in the strengthening economies of Sydney and Melbourne are filling up, but in the CBDs of Perth and Brisbane, hard hit by oversupply and a weak economies, the amount of empty space is reaching new highs. 87 more words

1.Market Observations

31 Mar 2016 (AFR) - Townsville's CBD is 27pc empty

(31 March 2016, AFR, p36, by Jordan McMullen)

‘Commercial property in the north Queensland regional capital of Townsville has been hit by the fall in the city’s economy. 54 more words

1.Market Observations

The Changing Face of Office Space

The term office space has always referred to the property a company occupied to conduct business. The company leased the space and paid for utilities and employee parking. 383 more words

4 Feb 2016 (AFR) - Tenants hold the power as vacancy rates creep up in Adelaide

(4 February 2016, AFR, p32, by Simon Evans)

‘Top shelf office space is in strong demand, but further down the spectrum there’s been a blowout in the amount of lower-grade office space remaining vacant in the Adelaide market. 47 more words

1.Market Observations

4 Feb 2016 (AFR) - Perth office vacancy rate is the highest in 21 years

(4 February 2016, AFR, p32, by Julie-anne Sprague)

‘Perth’s vacancy rate has hit its highest level in 21 years after new office tower completions swelled floor space into a depressed property market. 58 more words

1.Market Observations

4 Feb 2016 (AFR) - Brisbane's empty office towers take a breather but how long for? - Oversupply still an issue, and more is on the way

(4 February 2016, AFR, p32, by Matthew Cranston)

‘The amount of empty office space in Brisbane has stopped growing but just how long the respite lasts will depend on the 190,000 square metres of looming new supply. 51 more words

1.Market Observations