Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Adelaide Office Leasing market experiences positive enquiries

Jess Freeman • 05/06/2023


Adelaide's commercial real estate market has shown strong growth in the first half of the year, with positive enquiries expected to continue throughout the second half of 2023. The market has witnessed a significant influx of enquiries, particularly targeting vacancies below 500 square meters.

According to Adam Hartley, Cushman & Wakefield’s Director & Head of Office Leasing, South Australia, one of the noteworthy trends observed in the sub 500sqm market is the focus on speculative fitouts or high-quality full fitouts to accommodate tenants with tight timelines.

“Adelaide's commercial real estate sector has responded to this demand by offering flexible and tailored solutions, ensuring that businesses can swiftly establish their operations while maintaining high standards of quality.

“In addition to the growing interest from businesses, there has been a notable increase in demand for 9B certified properties in Adelaide's education sector. As students return to their studies from overseas following the pandemic, the need for education-certified properties has surged”.

Mr Hartley believes this demand presents a unique opportunity for lower-grade assets within Adelaide to cater to the requirements of educational institutions. Tenant requirements in the education sector range from 150 square meters to 1,500 square meters, highlighting the diverse opportunities available.

Cushman and Wakefield, a leading global real estate services firm, is well positioned to navigate these dynamic market conditions and meet the evolving needs of its clients.

In response to the positive outlook for the Adelaide market, Cushman & Wakefield has expanded its Office Leasing team by appointing Miah Melvill as Executive- Office Leasing and Mel Obst as Team Coordinator.

"As the market continues to evolve, we are confident that our expanded team will excel in meeting the demands of both businesses and educational institutions seeking quality office spaces in Adelaide” he said.

How can we help?

Get in touch with one of our professionals.

Recent Media Releases

Childcare center
Rising rents, sharp yields ahead as competition for childcare centres heats up

Australia’s childcare centre market is poised for growth in 2023, with increased government investment, growth in the nation’s younger population and expected industry consolidation creating a positive outlook for the asset class, a new report shows.

Jess Freeman • 16/03/2023

Industrial (image)
Cushman & Wakefield Builds Market Leading Capital Markets Industrial & Logistics Platform Across Australia

Cushman & Wakefield is gearing up for an exciting 2023 with the appointment of five new Industrial & Logistics Capital Markets team members in Melbourne and Brisbane, as well as the internal appointment of Simon Fenn in Sydney.

Jess Freeman • 08/02/2023

How resilient is your building?

Leonard Hines, Cushman & Wakefield's Senior Building Services Engineer, Project & Development Services sheds light on the resilience of the built environment and what companies can do to future proof their assets.

Jess Freeman • 18/01/2023

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All