Transcription of Month in Review
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Month in Review Commercial - March 2022. The Month in Review identifies the latest movements and trends for property markets across Australia. A message from our CEO Welcome to the March edition of Month In Review Month in Review March 2022. The pace of change in the world is frantic at present. Here we are, about to complete the first quarter of 2022 and the news so far has been historic even life- changing for many people. In fact, it's almost unfathomable that so much upheaval has occurred since my previous CEO's message just four weeks ago. Natural disasters continue to unfold across our country's eastern seaboard with storms from Brisbane to Sydney wreaking havoc and upending lives.
reconfiguring existing space to better suit their needs with fewer staff working from an office, reducing overall space requirements or, in some instances, relinquishing their office space altogether. The Property Council of Australia reported a total vacancy rate for the country in January 2022 of 12.1%.This is a significant increase on the pre-
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