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Perth lags national CBD bouceback

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Office occupancy falls again as Melbourne feels bite of circuit-breaker lockdown

Date Time
Office occupancy falls again as Melbourne feels bite of circuit-breaker lockdown
Melbourne’s office occupancy fell to 24 per cent in February, as the city’s circuit-breaker lockdown stalled confidence in Victoria’s return to office plans.
The Property Council of Australia’s February Office Occupancy Survey released today, shows a decrease from 31 per cent in January, although the figure has risen from 12 per cent in December after reaching a low of 7 per cent in October.
Despite a fall in the number of people returning to the office in the face of the most recent outbreak in January, the Government restarted the safe and progressive roadmap to reopening offices, with up to 75 per cent of public and private sector employees now able to return to the office from 1 March 2021. ....

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