Colliers International's Office Demand Index report suggests that the 19 per cent growth in office leasing inquiries in the last quarter of 2017 signals a continuation of strong activity in 2018.
Sydney inquiries increased by 6 percent while Perth rose by 257 per cent and Brisbane by 173 per cent. In contrast, Melbourne decreased by 9 per cent and Adelaide fell to 20 per cent. Note that inquiries are different from deals and are not guaranteed to lead to leasing transactions.
Whilst Melbourne's activity slows down, Sydney is expected to maintain its strength.
Image source: Colliers International
Article souce: http://www.afr.com/real-estate/office-market-booms-19pc-rise-in-inquiry-points-to-strong-2018-colliers-says-20180122-h0m6cg
Ray White’s top 10 listings for February: (Click on address to view listing)
Terrace 40, 42 Young Street Sydney
Suite 28.02, 1 Farrer Place GPT Sydney
Suite 9.03, 46 Market Street Sydney
Level 1, 387 George Street Sydney
Level 6, 23 O'Connell Street Sydney
Level 2, 1 Barrack Street Sydney
Part floor 23, 9 Castlereagh Street Sydney
Suite 2.01, 24 Hickson Road Sydney
Part Level 3, 22 Market Street Sydney
Level 4, 86 Liverpool Street Sydney