From illness, to remote work and holidays, CBD offices have more empty seats. Is that a problem?

The early days of the COVID-19 pandemic triggered a mass exodus of workers from central business district offices — but, from this, came a new, hybrid work model that accommodated for employees' unique needs.

In almost every major Australian city, during the month of June, new data from the Property Council of Australia shows commercial occupancy rates fell.Melbourne's commercial occupancy rate dropped from 49 per cent to 38 per cent, while Sydney's fell from 55 per cent to 52 per cent. The only markets to record an increase in commercial occupancy were Canberra and Perth, where the rate rose from 53 per cent to 61 per cent and 65 per cent to 71 per cent, respectively.The main culprit, according to the Property Council's chief executive, Ken Morrison, is illness."Office occupancy numbers have gone backwards for the first time in six months as a wave of [COVID-19's] Omicron and flu cases kept workers away from the office," he said.

If you don’t have to why on earth would want go into an office. The worlds changed guess what all those companies who rented space are going to be saving a fortune on rent electricity insurance etc. Only ones not happy are landlords who have been to greedy for to long

Just change offices to apartments and sell for ridiculous prices. Win/win

If you’re running another one of the 8 coffee shops on one block, we’ll yes, you’re gonna have a money issue.

Normalizing working from home would save a lot of problems.

It’s only a problem for CBD property owners/managers, like the one you chose to interview. It’s hugely beneficial for the workers who are now no longer wasting time and money on unnecessary commuting, and their local neighbourhoods where they are now spending more time and money.

The world has moved on. Wanting employees to go back to the office is a bit like going back to the horse and buggy a few years after inventing the car.

To be fair, I’m a very low footprint worker when it comes to local businesses. I have a desk side plunger for coffee, and bring my own lunch because it’s much cheaper and it’s properly spiced. The only venues missing revenue are pay car parks - good riddance!

🗣️📢🎼🎶'The Times They Are A-Changin'🎶🎶 🤗MAN THAT WAS AHEAD OF HIS TIME

Easy answer - no. The model of the dense CBD that everyone crowds into in the mornings, then squeezes their way out of through traffic jams and crowded trains in the evening was always terrible. Let’s hope it stays dead.

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