Tenant Perspectives 2025
Australia's office markets are experiencing a seismic shift. What was once viewed as overhead has evolved into a strategic competitive advantage, with 72% of Australian organisations planning to increase investment in space design and fit-outs over the next five years - exceeding both global and APAC averages.
While national vacancy sits at 15%, the reality varies dramatically across markets - creating both exceptional opportunities and significant challenges depending on location and timing. Some cities are experiencing intense competition for premium space, while others present rare value opportunities for strategic tenants.
The integration of AI is reshaping space requirements in ways that will surprise many decision-makers. Early adopters are discovering how technology can fundamentally alter their real estate footprint while enhancing workplace effectiveness.
With 783,445 square metres under construction and major supply constraints emerging in key markets, the window for securing optimal terms is shifting rapidly. Understanding which markets favour tenants versus landlords - and for how long - has never been more critical.
Our comprehensive analysis reveals the specific strategies, timing, and market insights that will determine whether your next office decision becomes a competitive advantage or missed opportunity.
Download the full report to discover the detailed city-by-city conditions, sector insights, and strategic guidance shaping Australia's office future.