RESEARCH
SMALL-to-medium enterprises (SMEs) contributed 46% to all the total area of office space leased across the first half of 2023...
Fluctuating economic conditions, workplace expansion and upgrade preferences saw SMEs take up more than 130,000 sqm of...
By contrast, medium-sized occupiers, who took up 1,000 to 2,999 sqm, and larger occupiers, of 3,000-plus sqm, were responsible for...
Despite three years of heightened office leasing activity from SMEs, who proved more nimble as the market reeled during and following COVID...
Colliers’ managing director of office leasing, Cameron Williams said SME’s are “undertaking the heavy lifting for the office market evolution”...
Williams said demand for offices in top locations and the ‘pull to precincts’, where employees benefit from public transport access and...
Prime assets in Sydney CBD’s core precinct experienced growth in net effective rents by 11.4% over the past two years, which surpassed the...
Occupiers seeking quality, amenity and prestige also enhanced the position of prime-grade assets in the eastern core of Melbourne’s CBD...
Colliers’ national director of research Joanne Henderson said that while the flight to quality is not new to the office sector, prime-grade office area...
Demand for quality office spaces underpinned continued growth for premium net face rents across all CBD markets during the June quarter...
While fierce competition between landlords for active occupiers in softer economic conditions is placing upward pressure on incentives...
More larger deals tipped in second half
Williams said that although SMEs buoyed rents and the office leasing market over the first half, Colliers expects a large number of...
Nationally, the number of office leasing deals over the first for 3,000 sqm-plus was up 22% in the first half, accounting for an increase in space of...