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Rethinking The Australian Office

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Optimising your asset for a new era

In the midst of the biggest structural change in labour markets this century, office owners must make strategic decisions as to how best position their assets.

While data shows tenant demand is skewed towards higher-quality properties, landlords have limited options. Although they can’t physically relocate their buildings to a more central location or build more transport connectivity around them, landlords can invest in upgrading the quality of their assets. But following a sharp climb in construction costs and tight financing conditions, is the return on this investment worth it?

Our Rethinking the Australian Office Report provides an in-depth analysis of the Australian office market to help landlords interpret the value of strategically repositioning their buildings. The report serves as more than a guide to meet regulatory requirements, but a blueprint for enhancing the financial and environmental performance of office assets.

Our key findings include:
  • Upgrading the quality of your building can lead to a 5% reduction in vacancy and 7% increase in effective rents, boosting your assets income by at least 12%.
  • Even minor improvements in building quality can result in a 2% drop in vacancy rate and a 3% hike in effective rents.
  • Investments in building quality are highly beneficial for lower, harder to lease floors.
This report takes a deeper dive into the underlying dynamics and drivers across the Australian office market and provides a roadmap for asset optimisation. Download now to find out more.



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Contact Us

Sean Ellison
Sean Ellison

National Economics & Forecasting Manager
Sydney, Australia


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Lin Lee

Senior Strategic Research Analyst
Melbourne, Australia


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Dominic Brown

Head of International Research, Global Think Tank
Brisbane, Australia


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Matt Clifford
Matt Clifford

Head of Sustainability & ESG, Asia Pacific
Sydney, Australia


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Tim Molchanoff

National Director, Head of Office Leasing Australia & New Zealand
Sydney, Australia


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Josh Cullen
Josh Cullen

International Director & Head of Capital Markets, ANZ
Sydney, Australia


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Cushman & Wakefield
Shaun Kenafake

National Director | Building Consultancy
Brisbane, Australia


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Maria-Russo-Fama
Maria Russo-Fama

Managing Director, NSW and Director – PDS, Sales, Strategy & Enablement - Australia & New Zealand
Sydney, Australia


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