Brisbane CBD Office Figures Q4 2025

Key Points:

• 360 Queen Street was delivered in Q4 2025, with 90% of the building pre-committed.
• Total net absorption in the Brisbane CBD was 10,007 sqm for H2 2025, bringing total net absorption for the year to 37,480.  
• Total vacancy edged higher in H2 2025 to 11.8%, prime also increased to 10.0%. 
• Effective rental growth was 1.8% q-o-q and 7.5% y-o-y. 
• Investment volumes were up 14.9% in 2025 compared to the previous year, across the CBD and Near City market.
• Prime CBD yields tightened by 2 bps to 7.04% in Q4 2025.