6. Availability of Quality Space.Increasing scarcity of trophy space is reshaping tenant strategies. Occupiers seeking large, contiguous blocks of premium space should plan for flexibility...
Where once demands revolved around size, with occupiers seeking out large sheds, the paradigm has now shifted, meaning its about quantity and quality.
The report highlights a flight to quality trend across APAC, with occupiers increasingly preferring sustainable, ESG-compliant workspaces.
As we can see from the illustration, Occupiers Seeking Quality has many fascinating aspects to explore.
Occupiers seeking out more, better and centrally located space. The average relocation within Central London was just 0.7 miles in 2024 - the lowest distance on record.
Flight to quality has been a persistent trend across both Auckland and Wellington CBDs for many years led simply by occupiers seeking newer buildings and higher amenity locations.
Furthermore, visual representations like the one above help us fully grasp the concept of Occupiers Seeking Quality.
These considerations drive occupiers to seek investor partners who can provide spaces, leases, and terms that help achieve their goals. And what motivates investors to prioritize quality?
Until the next wave of development arrives in Core markets, the choice for large occupiers seeking the best quality space will be to split the requirement over a larger number of floors or to...
Furthermore, visual representations like the one above help us fully grasp the concept of Occupiers Seeking Quality.
A broad spread of Grade B pricing reflects mixed stock quality, while serviced offices continue to absorb demand from occupiers seeking centrality without long-term commitment.
