OFFICE MARKET REPORT | H1 2025

The first half of 2025 has revealed a complex picture across Victoria’s office sector, with the Melbourne CBD and city fringe markets showing signs of cautious momentum — but headwinds persist.

We acknowledge the Traditional Custodians of the lands on which we work. Our offices are located on the land of the Gadigal peoples of the Eora Nation and the Wurundjeri peoples of the Kulin Nation. We acknowledge their continued connection and contribution to land, water and community, and pay our respects to Elders past and present.

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OFFICE MARKET REPORT | H1 2025

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