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Tuesday, June 25, 2024

Latest news: Office occupancy

ACT office vacancy rises to 8.9%, major developments set for 2023

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.

Canberra’s office occupancy rates show ‘resilience’

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”.

Omicron wave sends office return backwards except in Canberra, Perth

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.

Decline in Canberra office occupancy hurting local business

Canberra’s office occupancy rates declined from 60% to 53% between May and June, and the impact is hurting many local businesses in the CBD.

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