Flexibility drives demand in Brisbane’s offices

COMMERCIAL PROPERTY, SALES & LEASING

BRISBANE’S flexible office market is strengthening, as activity and occupancy recovers from the pandemic and drives up demand.

According to global workspace innovation firm, The Instant Group, who analysed 2022 levels of demand, rates and...

While demand for flexible space in Brisbane grew by 8% in 2022 when compared to pre-pandemic levels in 2019, demand has...

“Last year, demand for flexible workspaces in Brisbane fluctuated due to the uncertain market conditions caused by...

“Some businesses reduced their footprint, while others sought out flexible workspace solutions. This resulted in a...

At the same time supply in Brisbane grew by 14% in 2022 compared to 2019, with rates for workstations growing by...

The Instant Group attributed this to inflationary pressures leading many operators to increase their prices.

“Currently, demand in the Brisbane market is picking up while supply is increasing on the fringes,” added Cui.

“At Instant, we are working with several multinationals that are looking to move from commercial tenancies to...

Research from The Instant Group’s 2023 Predictions also found that nearly three-quarters of flexible office operators...

While workers have also become accustomed to flexible arrangements, with 72% of women saying they would look for...

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