Market statistics
Insight
Brisbane Office Market Dynamics Q2 2025
- The CBD recorded positive net absorption of 5,400 sqm, while the Near City showed negative absorption of -500 sqm. Both markets demonstrated a flight to quality with positive prime net absorption.
- Supply remains limited across both markets. Only 4,600 sqm of office space is under construction in the Near City, with completion expected in 2026. Four projects are currently under construction in the CBD.
- Investment activity increased in the Near City with two transactions totalling AUD 186.4 million after two quarters with no activity. The largest was Green Square South Tower in Fortitude Valley (AUD 140.0 million) sold to a local syndicator.