Dr Dominic Brown | How Australia's Economy and Office Market are redefining success

For years, organisations have optimised their real estate portfolios around cost, efficiency and flexibility. But Australia's office market is entering a new phase, one where value is increasingly concentrating in a smaller number of locations, precincts and assets, and where the greatest risk may be standing still. As the imperative for Australia's economy to shift from a growth-driven model towards a productivity-driven one increases, the forces shaping corporate real estate are changing. Global uncertainty, elevated development costs, constrained future supply and evolving occupier expectations are reshaping how organisations define value and where they choose to invest. Granularity of detail counts more than ever. The most sought-after offices, precincts and workplace environments are becoming increasingly scarce, while the performance gap between average and exceptional assets continues to widen. Across Australia's office markets, organisations are increasingly willing to pay for locations and environments that support productivity, attract talent, enhance employee experience and provide greater certainty in an increasingly unpredictable world. Drawing on the latest Australian and global economic and real estate market research, this session explores how changing economic conditions are influencing office market performance and occupier decision-making. Attendees will gain a clear understanding of how value is being repriced.