Date Time Marginal increase in office vacancy underlines need to support CBDs The Property Council of Australia’s latest Office Market Report has reinforced the Brisbane office market’s resilience in the face of COVID-19, with only a moderate increase in office vacancy seen over the six months to January 2021. Released today, the Office Market Report recorded Brisbane’s CBD vacancy rate increasing marginally, from 12.9 per cent in July 2020 to 13.6 per cent in January 2021, and the vacancy in Brisbane’s fringe market increasing from 14.3 per cent to 16.6 per cent over the same period. Chris Mountford, Queensland Executive Director of the Property Council, said, “The figures show Queensland’s office market has fared remarkably well during this tumultuous time.”