Office Leasing

Office Leasing


Copyright © 2017 Jones Lang LaSalle, IP, Inc.

National market statistics

Rents  

Development

Vacancy Rate

Leasing

Investment

6%

3%

28%

12.1%

39 m sqm

US$ 650bn

Increasing

Increasing

Peaking

Rising

Stable

Firm

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Local market reports

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Capital Values

Trends to watch

The evolution of coworking in Australia

Coworking is here to stay. Our Head of Office Leasing for NSW, Daniel Kernaghan, talks us through what tenants are looking for in coworking office space and how the trend has evolved over the last 12 months in Australia.

Education driving Melbourne forward


With six of the top 100 universities in the world, Melbourne’s growing education sector is keeping it on the hit list for investors as domestic and foreign students alike flock to the Victorian capital. Not only does Melbourne have a high number of education providers, but many of those are well regarded internationally.

Goldsborough Mort Building
520 Bourke Street, Melbourne, VIC 3000

For Lease
Contact Agent
Office

Grenfell Centre

For Lease
$480 - $520/sqm gross
Office

179 Elizabeth Street, Sydney, NSW 2000

For Lease
Contact Agent
Office

Current opportunities

View more properties

Current opportunities

For more information, speak to one of our Research experts

Tim O’Connor

Head of Leasing – Australia

Daniel Kernaghan

Head of Leasing – NSW

Paul Lynch

Director, Leasing – North Sydney

Scott Butler

Director, Leasing – Parramatta 

Adam Barrett

Head of Leasing – Queensland

Gerry Leyden

Director, Office Leasing - Queensland Fringe 

Talk to us

Stuart Colquhoun

Head of Leasing – Victoria

Richard Norman

Director, Leasing – Melbourne Fringe

Josh Tebb

Director, Leasing - Glen Waverley

Andrew Balzanelli

Managing Director - ACT
 Sales and Leasing – ACT

Nick Van Helden

Head of Leasing – WA

Tom Budarick

Head of Leasing – SA

National market statistics

Completions

Vacancy

Average Prime Rent

Incentives

Rental growth

45,555 sqm

10.8%

$809.2 sqm

35.37%

6.64%

Increasing

Increasing

Peaking

Rising

Stable

Firm

Maecenas tristique consectetur sem, ut imperdiet quam commodo accumsan. Donec vel turpis est. Nunc nunc nisl, ullamcorper non congue ut, aliquam ac lorem. Vivamus fermentum quam at arcu accumsan interdum.

Need more detail? Our Real Estate Intelligence Service gives you full access to our property data and research. Become a subscriber today

Net absorption 

Local market reports

Ask TimAsk DanielAsk PaulAsk ScottAsk AdamAsk GerryAsk StuartAsk RichardAsk JoshuaAsk AndrewAsk NickAsk Tom

64,049 sqm