Brisbane Office Market Dynamics Q1 2026

Occupier demand patterns continued to diverge between the CBD and Near City markets, highlighting a bifurcated leasing environment where centralisation persists.

Investment activity continued in the CBD and Near City, with pricing indicators showing overall stability, selective yield tightening in the core, and an extended timeline for broader yield compression.

Rental dynamics continued to shift as growth momentum started to moderate, while the absence of near-term supply shifted focus toward absorption of existing stock and reinforced tenant preference for CBD locations.