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.
Australia’s real estate leads the world in environmental standards. We have the greenest real estate on earth alongside New Zealand.
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.
Why do offices in Australia and around the world follow trends that are evidently bad for the business and if none of these trends work, what does?
High demand for office space in Melbourne’s CBD has seen vacancy rates decrease, despite an ever increasing supply of new office space.
Over half Australian office buildings bought in the third quarter of 2015 were from overseas buyers.
Sydney has recently been ranked the tenth most traded commercial real estate investment market in the world!