Green shoots in Australian office markets help buoy confidence levels for 2021
Office vacancy rates in Australia's major cities have hit double digits for the first time in six years, the Property Council of Australia’s latest office vacancy statistics have revealed. CBRE's Mark Curtain shares his insights on the latest results, including where green shoots are re-emerging and which markets have bucked the full economic fallout of COVID-19.
Rediscovering time and accelerating change for a greater work-life synergy
One of the biggest conversations of 2020 has been around the ability to gain back valuable hours into our day that help improve work-life balance. CBRE’s Mark Curtain and Matt Haddon discuss how time savings from remote working and online shopping will impact on both individuals and the real estate world.
Mining companies buck the trend and expand their CBD office footprint in 2020
Materials companies have led the charge this year in expanding their office footprint – continuing to take more CBD space. Mark Curtain, CBRE Pacific Head of Office Leasing, analyses Australia’s space trends associated with ASX100 companies, some of the country’s biggest office occupiers.
Sydney and Melbourne well-positioned to manage office vacancy downturn
Although key market metrics have not moved dramatically (net absorption, vacancy and effective rents) across Australia’s major east coast office markets, Mark Curtain, CBRE’s Head of Office Leasing, discusses how more significant statistical change is expected to flow through in early 2021 as the full economic impacts of the crisis are realised.