Perth’s CBD is entering a defining phase of transformation, one driven by the same structural forces reshaping office markets across Australia: centralisation, flight to quality, and sector clustering. Yet unlike the East Coast, Perth’s evolution is unfolding on a more compact and visible stage.
Cushman & Wakefield’s Reshaping the City – Perth explores how demand is consolidating in the city’s heart, where the best-located and best-designed buildings continue to attract the attention of major occupiers. Mining, public sector, finance, and professional services remain the pillars of this market, collectively reinforcing the gravitational strength of the CBD and its role as the city’s commercial and institutional centre.
Proximity, elevation and amenity now define performance, with tenants seeking sustainable, appealing workplaces. In Perth’s compact CBD, quality gaps show faster through occupancy and rent outcomes.
RESHAPING THE CITY
Unlocking the Next Chapter for Perth’s CBD
WHAT'S INSIDE?
Drawing on Cushman & Wakefield’s proprietary data, Building Quality Index analysis, and detailed spatial mapping, Reshaping the City – Perth examines how quality, location, and amenity are reshaping performance outcomes across the Perth CBD Office Building landscape.
The report reveals:
- How leasing demand continues to gravitate toward high-quality, centrally located towers in the heart of the Perth Office Leasing market.
- Why occupiers in mining, public sector, finance, and professional services are driving consolidation in the city’s core.
- Where new opportunities for reinvestment, repositioning, and redevelopment are emerging as older and fringe assets recalibrate.
- What upcoming lease expiries and workplace strategy shifts will mean for landlords, investors, and occupiers in the coming cycle.
Together, these insights provide a data-led perspective on the next phase of Perth’s commercial evolution, one that rewards adaptability, innovation, and sustained investment in quality.
WHY RESHAPING MATTERS
Perth’s geography amplifies the dynamics shaping Australia’s office markets. In a city where distance and density intersect, the contrast between resilience and renewal is sharply visible.
For landlords, Reshaping the City – Perth underscores the need to reinvest in assets that elevate tenant experience and ESG performance. For tenants, it highlights the opportunity to upgrade into spaces that enhance brand, culture, and productivity. And for policymakers and urban planners, it outlines how a vibrant, connected Perth CBD can anchor sustainable growth across the wider metropolitan area.
Discover where value is emerging and how Perth’s Commercial Real Estate market is evolving - read the full Reshaping the City – Perth report now.
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