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A Market in Transition: Premium Demand Holds as Cities Digest New Supply  

A Market in Transition: Premium Demand Holds as Cities Digest New Supply
Content details

Title

A Market in Transition: Premium Demand Holds as Cities Digest New Supply

Website

www.propertycouncil.com.au/property-australia/a-market-in-transition-premium-demand-holds-as-cities-digest-new-supply

Industry Body

Property ​Council ​of ​Australia

Subject

Australia's office markets are shifting into a new phase, with the final wave of the supply cycle entering major CBDs. With fewer new major projects, the endpoint of the supply cycle highlights a turning point for recovery in office spaces. Majority of the major cities across Australia demonstrate growth in activity in this sector, with Perth being the only one to show a decline in the office market.

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