Australian office market outlook for 2023

The office flight to quality is reaching cruising altitude, long gone are cost per seat considerations

Childcare assets in demand

Comes as the federal government is subsidising childcare places for families earning up to $530,000, thus increasing demand for places

Brisbane and Adelaide industrial rents to continue sky rocketing

Brisbane’s industrial sector continues to be driven by online buyers and Adelaide’s office vacancy rises

East Melbourne office asset sells for $51m

The five-level office building was sold to Bayley Stuart in a deal brokered by Colliers

Melbourne office, Truganina distribution centre, and Adelaide childcare all sell for $6M

Three sales across three vastly different sectors made for a total of almost $18 million

Hotels, warehouses, and more sold in regional property markets

A regional Best Western has sold for $4 million, and several other regional properties acquired

Co-working demand sky rockets, and office tech lag leads to less efficient workforce

One in three Aussies said they will quit if forced to work from the office full time, with four in five preferring a co-working space close to home

ASX-listed properties to go under the hammer in hot Black Friday property sales

PFD Foods, Woolworths, Officeworks, Hungry Jacks properties, and more, are heading to auction soon

Multiplex and Lendlease Sydney projects to be fueled by sustainable diesel

Almost a quarter of the world’s emissions come from construction, with the Sydney Fish Market redevelopment to be the first site in Australia to use the renewable fuel

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