Contents

  1. National Leasing Market Snapshot
  2. National Overview
  3. Slide Number 3
  4. During the first half of 2022, we have continued to see tenants looking to upgrade their office space requirements. Of the tenants that have relocated, our data suggests about 75% have moved to a building that commands the same or higher rent than their previous premises. We feel this is partly a way of organically encouraging staff back to the office, by offering an improved experience in a better quality building. The unknown is whether this trend continues in the current environment. Major corporates have generally posted strong revenue through 2021 and early-2022, which has alleviated cost containment pressures. We are yet to see a major drop in sentiment within the leasing market but there is potential for a moderation towards the end of 2022.
  5. Sydney
  6. North Sydney
  7. Western Sydney
  8. Melbourne
  9. Brisbane
  10. Gold Coast
  11. Adelaide
  12. Perth
  13. Canberra
  14. Slide Number 14
 
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