Chief Executive | Office demand trumps doomsayers

As the pandemic triggered lockdowns across the country, many hyperbolically predicted that our CBDs would be littered with empty office buildings. Indeed, it’s a claim that is still sometimes made.

Stall in return to office

The Property Council of Australia’s latest Office Occupancy survey found a stall in Australian workers heading back to their CBD offices.

April 2022 Office Occupancy Results

The monthly survey of office building owners and managers for February 2022 has found that the occupancy levels of Sydney, Melbourne and Canberra CBDs improved.

Office Occupancy Rates Doubles in Most CBDs

The Property Council of Australia’s latest Office Occupancy survey revealed positive signs in the return to CBD offices as occupancy rates in Melbourne, Sydney, and Canberra more than doubled over March 2022.

Office Occupancy Bounces back post Omicron and Holidays

The number of workers working from the office has bounced back to pre-Omicron levels, with Melbourne and Canberra recording their highest occupancy levels since June 2021.

February 2022 Office Occupancy Results

The monthly survey of office building owners and managers for February 2022 has found that the occupancy levels of Sydney, Melbourne and Canberra CBDs improved.

Australian Property Returns at a three year high in Q4 2021, driven by industrial returns

Australian property returns were at a three year high in Q4 2021, driven by record industrial returns.

January 2022 Office Occupancy Results

The monthly survey of office building owners and managers for January 2022 has found that the occupancy levels of Sydney, Melbourne and Canberra CBDs all remain below 10% of pre-COVID levels.

Property’s crystal ball

The ANZ/Property Council Survey turns 10 this month. What have we learnt from tracking property sentiment for a decade? The Property Council’s national research manager John Nguyen has one crystal clear message.

Unprecedented spike in housing construction costs

A surge in new builds and renovations, supply chain disruptions and a shortage of materials have driven a 3.8% increase in residential construction costs in just three months says CoreLogic.