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Office supply pressures continue to build as critical shortage looms

Summary by localipswichnews.com.au

BRISBANE’S office vacancy remains well below the national average at 10.2 per cent and will remain so for the foreseeable future due to limited future supply, according to the latest data from the Property Council of Australia. Queensland Executive Director of the Property Council, Jess Caire, said Brisbane was facing a critical shortage of new office space in the medium to long term, and given how long it was taking to deliver new projects, it …

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localipswichnews.com.au

Office supply pressures continue to build as critical shortage looms

BRISBANE’S office vacancy remains well below the national average at 10.2 per cent and will remain so for the foreseeable future due to limited future supply, according to the latest data from the Property Council of Australia. Queensland Executive Director of the Property Council, Jess Caire, said Brisbane was facing a critical shortage of new office space in the medium to long term, and given how long it was taking to deliver new projects, it …

3 days ago·Ipswich, Australia

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localipswichnews.com.au broke the news in Ipswich, Australia 3 days ago on Thursday, February 20, 2025.

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