The Overview

The demand for office space in Brisbane has continued to strengthen according to the Property Council of Australia’s January 2023 Office Market Report.

Over the six months to January 2023, Brisbane’s CBD Vacancy rate fell from 13.9 per cent to 12.9 per cent, as new businesses continue to enter the market and established businesses take up more space.

So what are these businesses looking for in their accomodation? We discuss all of this with today’s guest David McGuigan, General Manager, Centuria Property Services QLD.

Topics

• What does a healthy landlord/tenant relationship look like? Communication and innovation – what are the landlord's roles and responsibilities in this partnership?
• What are your occupiers biggest priorities when selecting a Centuria asset?
• Overview of the vision for the new 154 Melbourne street, what were you hoping to achieve by repositioning the asset – what has the feedback been like on the Lobby, EOT, and full floor specs suites?
• What would a day in the life of an occupant look like now? – Bus/bike/walk to work (great transport), utilising EOT facilities, coffee and meeting on the deck – working in the brand new spec suites, the class of finishes, and comfort. Accessibility to local restaurants for lunch & Fish Lane afterwork.
• Doorstep diversity and the cultural precinct that is South Brisbane.
• What does ESG mean to Centuria and why is it important? Do you encourage your occupiers to engage and improve their processes?
• What's in the pipeline from an occupiers perspective? Any new initiatives/technologies?

Final comments and as always a big thank you to our listeners.