Sydney's Office Recovery Is Prime, and Only Prime
JLL and CBRE publish different Sydney CBD vacancy rates. Both show recovery concentrated in prime towers, while subleases jumped 44.5 per cent.
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JLL and CBRE publish different Sydney CBD vacancy rates. Both show recovery concentrated in prime towers, while subleases jumped 44.5 per cent.
Sydney's commercial property market is experiencing a divergence between office and industrial sectors, with institutional investors increasingly.
Sydney's CBD office vacancy rate is showing signs of recovery as demand for premium office space increases. The flight-to-quality trend is driving demand.
The flight to quality that has defined the market is accelerating, with premium-grade buildings attracting tenants while older stock struggles to compete.
Sydney CBD office vacancy held steady at 13.8 per cent through the first half of 2026, but the aggregate figure conceals a sharper divergence.
Sydney CBD office vacancy fell to 13.3 percent in the six months to June 2026, down from 13.8 percent, as flight-to-quality tightened premium stock.
Australian office vacancy has reached its highest level in 31 years, climbing to 16.1 percent nationally in the six months to July 2026, a new peak.
NSW industrial property is outperforming other commercial real estate sectors as logistics demand from e-commerce and the Western Sydney Aerotropolis.
Sydney CBD office vacancy has fallen to 13.3 percent, down from 13.8 percent six months earlier, as tenant demand increasingly concentrates.