Market statistics
Insight
Adelaide Office Market Dynamics Q2 2025
- Demand was concentrated in prime grade space over the quarter, with prime grade net absorption reaching 5,700 sqm while secondary grade net absorption was recorded at -2,100 sqm.
- The historic wave of new supply recorded over the last three years has now largely drawn to a close in the Adelaide CBD. There is currently 42,700 sqm under construction, expected to complete by Q3 2026.
- Major tenant briefs in the market from the public administration and safety, education and training, and finance and insurance services industry are expected to underpin new supply in the Adelaide CBD.