Adelaide's office vacancy rate drops to 17.5% amid record-high demand, surpassing Melbourne's 18%.

Adelaide's office vacancy rate drops to 17.5% with a record-high demand for office spaces, surpassing Melbourne's 18% vacancy rate. South Australia's economy is strong, and the Property Council urges the government to adopt a policy like NSW to encourage state workers to return to offices. The net demand for Adelaide's office space is at 29,041m2, well above the historic average of 4,932m2.

August 06, 2024
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