Fears Melbourne CBD offices won't return this year
As daily occupancy across Melbourne CBD office towers slumps to all-time lows, major corporate tenants will consider within weeks whether they give up space permanently, with more staff expected to work from home more often.
State government directives to work from home if possible have sent occupancy to as low as 5 per cent across Melbourne city offices, according to figures collated by commercial agency JLL across the portfolio of office towers it manages.
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Nick Lenaghan edits the property section, which covers all aspects, from residential real estate and housing and construction to commercial property – office, retail, industrial – and major ASX-listed developers and real estate investment trusts. Connect with Nick on Twitter. Email Nick at nlenaghan@afr.com
Patrick Durkin is Melbourne bureau chief and BOSS deputy editor. He writes on news, business and leadership. Connect with Patrick on Twitter. Email Patrick at pdurkin@afr.com
Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
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