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With overall office demand conditions challenging, it is important to look behind the headlines and dissect the Brisbane CBD vacancy rate. Our analysis of the Brisbane CBD office market illustrates how vacancy is fragmented by floor plate cohorts, and how there is still relatively high demand for space in buildings with large floor plates. This analysis also explains why there is more demand for prime space relative to secondary space, and examines potential opportunities that may arise from the Brisbane CBD’s fragmented vacancy profile.
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Tuesday, 27 August 2013