The competition for talent now includes tech, fin-tech and a range of other disruptors, says Jackson King, director of tenant representation at JLL Australia. A younger talent pool has also heightened the requirement for organizations to have ambitious ESG goals and led many banks and financial institutions to review their workplace objectives. 

“While this often results in a reduced overall footprint, we’ve seen a real trend towards improved office environments – both through relocation to better quality and better located assets, but also through major fit-out works and investments in workplace technology,” he says.