ACT's office vacancy rate rose to the second lowest of all Australian capital cities and is set to further rise with major developments in the pipeline for 2023.
According to a recent Property Council of Australia survey, Canberra’s office occupancy rates have increased for the third month in a row during this “difficult period”.
Canberra and Perth were the only two capital cities to record an increase in office occupancy in July, according to data released by the Property Council of Australia on Thursday.