Office

The number of workers returning to the office has gathered pace in 2024, with occupancy rates up in every capital city.  After four years of experimenting with remote working, companies have better refined the hybrid …

Wealthy players are getting back into the office market, but now they often plan to turn the properties that they are buying into other uses.

Owners of many of Melbourne’s office spaces have been told to start selling them now amid the city’s lagging revitalisation post-Covid.

A wealthy Melbourne family has put a building in the city’s east on the market, which has been leased by the National Archives of Australia for 30 years. And it’s expected to be highly sought after.

The Ministry of Sound building in Darlinghurst is up for auction, described as “the ultimate creative commercial headquarters”.

The world’s top investor believes that the office market has re-rated at a lower level, but it will still deal in top projects.

JLL global chief Christian Ulbrich has hit the ground in Sydney, telling the sector green buildings are in demand and property owners that don’t pivot are sitting on melting icebergs.

The David Harrison-led group is preparing for the next cycle with office projects to follow its massive Chifley South development.

The first phase of upgrades to the “Black Stump” in the heart of Adelaide has been unveiled as part of its owners’ bid to lure new tenants to the landmark tower.