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Co-working office space is staging a comeback as demand rises

Co-working and hybrid workspace operators are seeing signs of recovery as operators grow their footprint and occupiers target higher flexible space usage. ....

New South Wales , Martin Place , Tom Broderick ,

Co-working office space is staging a comeback as demand rises

Co-working and hybrid workspace operators are seeing signs of recovery as operators grow their footprint and occupiers target higher flexible space usage. ....

New South Wales , Martin Place , Tom Broderick ,

'Expect a major shift': 4 emerging trends and opportunities for the commercial sector

Following years of strong capital value gains and low income growth, a global commercial real estate services and investment firm is expecting a “major shift” in Australia’s commercial market due to emerging trends. 
According to Sameer Chopra, the head of research for CBRE in the Pacific region, 2023 is expected to mark a "reversion of history" for the country’s real estate market. 
“We expect weaker values and strong rent growth, with tight vacancy rates likely to lead to a ‘rent-a-demic’ in the industrial and residential markets.”
‘Rent-a-demic’– a term coined by CBRE to depict the outlook for rising rents - will be driven by lower levels of new supply, following surging construction costs. 
In CBRE’s latest Market Outlook report, the global firm sees residential apartment rents surging by as much as 30 per cent over the five years across major capital markets due to tight vacancies. Meanwhile, residential apartment construction i ....

Tom Broderick , Market Outlookreport , Eshift ,