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 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.
The openings reflect a trend toward casual dining and shared plates, with many venues offering flexible menus that adapt to seasonal ingredients.
Sydney's dining scene continues to expand with new restaurant openings across the CBD, Barangaroo, Surry Hills, and the inner west this month.
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.
Vivid Sydney 2026 has commenced, casting the city in shifting patterns of light as hundreds of installations transform the CBD and harbour precincts.
The International Convention Centre Sydney will host the largest solar farm in any CBD in the Southern Hemisphere, according to sources familiar with the project.