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The Cost to Build Office

The Cost to Build Office report examines how rising construction costs and elevated economic rents are constraining new office development across Australia’s major CBDs.

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The real estate market is always evolving. Stay up-to-date on trends and opportunities with our outstanding research and commentary.
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Media Releases

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Local Developer snaps up two Williamstown development sites for $4.7m

Local developer acquires two Williamstown sites for $4.7m, highlighting strong demand for residential development opportunities in Melbourne.

Jess Freeman • 13/08/2026

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Local developers deploy $1.5bn as confidence builds in Melbourne’s next growth cycle

Local developers deploy $1.5bn across Victoria as larger acquisitions, housing demand and planning reform build confidence in Melbourne's growth.

Jess Freeman • 12/08/2026

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The window is open: why industrial occupiers should move before the market tightens

Industrial occupiers have a rare window to secure better lease terms and greater choice before constrained supply shifts leverage back to landlords.

Jess Freeman • 12/08/2026

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Entry-level Melbourne CBD retail investment heads to auction

Entry-level Melbourne CBD retail investment offers secure income, a 25-year tenant and prime frontage opposite Flinders Street Station. 

Jess Freeman • 12/08/2026

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South Yarra office investment offers secure income in tightly held precinct

Rare South Yarra whole-floor office investment offers secure tech tenants, strong income, 14 car parks and an attractive 7.5% passing yield.

Jess Freeman • 11/08/2026

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Bondi Junction's next approved skyline project hits the market following Council Master Plan green light

DA-approved Bondi Junction site for 57 apartments hits the market following Council endorsement of its new Master Plan for future growth.

Jess Freeman • 10/08/2026

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Church Street icon to go under the hammer after 43-year family hold

Tightly held Richmond retail freehold hits the market after 43 years, offering vacant possession in Melbourne's renowned Church Street precinct.

Jess Freeman • 10/08/2026

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Asia Pacific’s Data Centre Development Pipeline Reaches Record 26.5GW in H1 2026

APAC's data centre pipeline reaches a record 26.5GW, driven by AI, cloud demand and hyperscale investment across the region.

Chek Yee Foo • 07/08/2026

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PCA Office Vacancy Market commentary: Prime office supply set to tighten as occupier confidence improves

Australia's office market is shifting from demand to supply as quality space tightens and limited new development reshapes leasing decisions.

Jess Freeman • 05/08/2026

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Japanese capital drives Living investment across Asia Pacific, with Australia emerging as key growth market

Japanese capital is accelerating Living investment across APAC, with Australia emerging as a key growth market amid housing undersupply.

Amanda Phua • 04/08/2026

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Cushman & Wakefield strengthens leadership team with appointment of Ben McGrath as Managing Director, Brisbane

Cushman & Wakefield has appointed Ben McGrath as Managing Director, Queensland, strengthening its leadership team as the firm continues to invest in growth across one of Australia's strongest commercial real estate markets. Ben brings extensive leadership experience across commercial real estate, capital markets and investment management, and will lead the continued expansion of the firm's Queensland business and client offering.

Noral Wild • 23/07/2026

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The Industrial Market Rebalances: Opportunity Emerges for Occupiers Who Plan Ahead

The Industrial Market Rebalances: Opportunity Emerges for Occupiers Who Plan Ahead. For much of the past five years, Australia's industrial and logistics occupiers have operated in a market defined by scarcity.

Morgan Evans • 21/07/2026

Client Success Stories

Southern Cross Towers
Southern Cross Towers • Office
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Existing Facility Refurbishment in Canberra
Existing Facility Refurbishment in Canberra • Government
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AXA XL • Banking & Finance services
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Sydney Opera House
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