Property Type
Office Services
Our service goes beyond providing office space. It’s about understanding people, their business and shaping the environments that connect and inspire.
Whether you’re an institution, trust, developer or private owner, our team offers a multi-faceted service to provide market leading leasing and investment solutions for all opportunities.
Core Capabilities
NABERhood Watch
All eyes are on office landlords as occupiers prioritise energy efficiency. But where are the best opportunities, is age a barrier and could there be untapped potential in the premium and A-grade sector?
Latest Office Insights
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Article | Evolving Workforces
Why more employees are returning to the office in 2024
February 19, 2024
CBRE’s latest research is forecasting a strong return to office in Australia and our experts analyse why.
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Key Points:
Leasing demand saw mixed performance in H2 2023, with prime absorption outpacing secondary absorption in Southbank. Demand concerns have emerged as declining effective rents in CBD precincts threatens fringe competitiveness.
Expected supply is concentrated in Melbourne’s City Fringe and eastern Precincts. There are no major developments currently anticipated in Southbank and St Kilda Road.
Vacancy for prime assets remains below secondary grade stock as of H2 2023. Prime vacancy for Southbank decreased 129bps to 16.56% in H2 2023.
Face rents across the fringe and suburban market saw mixed movements, with precincts seeing stability or declines. Elevated incentives continue to put downward pressure on effective rents.
Office sales in Melbourne’s fringe saw a slight rebound with the sale of 8 Nicholson Street, however total volumes remained significantly below historical levels.
Yield expansion continued over Q4 2023 as repricing continued in the face of mismatched expectations. -
Article | Intelligent Investment
Where Australia's leading fund managers are investing for growth in 2024
February 14, 2024
Two of the region's top investment and fund management firms share their predictions and investment strategies for the year ahead.
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