Interactive virtual viewing technology set to level up CBD office leasing

An immersive and interactive mapping tool is set to transform the leasing process for both landlords and occupiers across major CBDs in Australia and New Zealand.

In partnership with Australian prop tech company Inspace, the virtual leasing platform will provide a virtual viewing experience of all CBRE’s exclusive CBD leasing appointments.

CBRE’s Pacific Head of Office Leasing Tim Courtnall said the technology integration would allow clients and remote stakeholders to confidently accelerate decision-making.

“We are always looking for ways to deliver innovation and improve outcomes for our clients. The Inspace virtual leasing platform will help our clients to easily understand the interior space of a property as well as its location in relation to the wider CBD which will be beneficial for remote stakeholders who are unfamiliar with the layout of the city. The data analytics from the platform will also give us real-time information about the evolving needs of tenants, so we will be able to respond to these changes quickly,” he said.

Inspace Founder and CEO Justin Liang added, “We expect Inspace's automation and visualisation tools to sharply increase the efficiency of how CBRE is able to service their clients by streamlining the search, touring and decision-making process for tenants and their stakeholders.”

The platform will enable clients to search, filter and find stock based on buildings, location, size, and rent. It will also measure online engagement for a property including the number of online tours conducted and time spent on the site.

The partnership with Inspace is for a two-year preliminary period and comes after a beta version of the platform was successfully developed for the Brisbane CBD office leasing market and tested by CBRE in 2023.

Watch the video to learn more.