News

4 out of 5 office building owners aren’t expecting occupancy levels to rise any time soon, as Melbourne’s white-collar workplaces sit largely empty

Four out of five office building owners and managers don’t believe occupancy levels will rise significantly in the coming months, the Property Council of Australia says. In May, Melbourne’s white-collar workplace occupancy was just 45% of pre-pandemic levels, while occupancy rates were stagnant around much of the country. Sydney marked […]
4 out of 5 office building owners aren’t expecting occupancy levels to rise any time soon, as Melbourne’s white-collar workplaces sit largely empty
News

The property lobby is cheering Sydney’s return to the office – but it looks like most workers are sticking to three days a week

The latest occupancy data published on Thursday shows Sydney CBD offices became significantly more full in April. The harbourside city however still hasn’t hit 60% occupancy levels yet, while Melbourne has only just surpassed 40%. Elsewhere, other cities began sliding or stagnating last month, suggesting there isn’t going to be […]
The property lobby is cheering Sydney’s return to the office – but it looks like most workers are sticking to three days a week