News Articles for James Phelan

The CBD's office vacancy rate is the second highest in the nation and the highest it has been since January 2021.

The numbers are pointing to an improving outlook for Perth's CBD landlords.

The Property Council's latest office market report shows a marginal improvement in Perth's office vacancy figures.

The city was one of three capitals to record an increase in office vacancy, with a 0.8 per cent rise in the last six months.

Perth was the only city to see a decrease in its CBD vacancy rate in the last six months, to 14.9 per cent.