Whils’t housing prices are headed south in every Australian city, commercial real estate is still booming!
Australia invested in a record 18.3 billion dollars worth of office space in 2018 according to Knight Frank. This compares to 18 billion in 2017.
Commercial office vacancy rates are so tight in Melbourne and Sydney’s central business districts that a business needs to plan their move at least 3 years ahead of move day.
You might not be able to go entirely off-grid just yet, but most offices and institutions can come closer than you might think.
Australia’s real estate leads the world in environmental standards. We have the greenest real estate on earth alongside New Zealand.
Sitting is the new smoking with many illnesses now blamed on a lifetime of sitting in your office.
It wasn’t that long ago that we had our own private cubicles, with little distraction but a few phone calls during an 8 hour work day.
Greg Hicks has built a 92 meter high office building at 115 King William St, Adelaide.
According to Standard Life, Sydney and Melbourne are to be the best commercial real estate achievers in the Asia Pacific region for 2017.