The pandemic changed the way we work,but as we crawl out of the COVID years,is the shift really permanent?
The first CBD auction for the year has been locked in with 387–391 Bourke Street set to go under the hammer on March 8.
The landlord of the blue-chip office building is back in the market buying up its neighbours to protect the tower’s views.
Company managers who remain optimistic about staff returning to work are being dealt a worrying blow as office vacancy rates stay stubbornly high.
A spate of recent bank losses and CEO resignations has a common underlying cause that is setting off alarm bells around the globe.
French cultural body Alliance Francaise de Melbourne has made its shift to the CBD permanent,buying level one of 140 Bourke Street for $4.5 million.
The national vacancy rate of 14.8 per cent is the emptiest CBD buildings have been since the mid-1990s but things are looking up as workers return to cities.
Lenders are favouring investments in alternative Australian property assets over office and retail properties.
Leaving the pampered pooch at home with post-COVID-19 separation anxiety has become one of the stumbling blocks to getting people back to the office.
Office assets continue to be hit hard with buyers and sellers unable to reach any agreement in pricing,but that was partially offset by a rise in demand for hotel properties and the booming healthcare sector.
The overall improvement in national office attendance is rising as many large corporations set clearer return to office policies.