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CBD’s Quality Shift and Vacancy Crisis | Adelaide News
Description
Adelaide’s CBD office market is shifting as vacancy rates climb to 16.3%, but it’s not about businesses fleeing — it’s a “flight to quality,” with companies upgrading to newer, smarter spaces. C-grade buildings are feeling the squeeze, while demand for A and B-grade offices surges. The real worry? Vacant older buildings are chilling the city’s pulse — less foot traffic means fewer cafes and shops thrive. City officials are rolling out creative fixes like startup-matching programs to keep the CBD buzzing. With new construction slowing, the race for quality will only intensify — modern offices are winning, and the gap between old and new is widening fast.
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