Office Briefing

Publication

Adelaide CBD Office Briefing Q2/2019

Adelaide CBD Office Briefing: Q2/2019

We are pleased to release the Q2/2019 Office Briefing Notes for the Adelaide CBD, which outline key metrics across each market along with detailed commentary on leasing, sales and development activity.

Highlights

  • Adelaide CBD office vacancy rate declined to its lowest rate since 2015, underpinned by positive tenant demand
  • Stamp duty abolishment on commercial properties has driven both domestic and foreign investment activity in the 12 months to June
  • More transaction activity in the $100 million plus category has been seen in the past two years than it has historically
  • Incentives have remained steady on the back of a lack of available A grade space and limited upcoming supply

Download the latest report here.