Adelaide Property Valuers

Residential | Commercial | Industrial Adelaide Property Valuer The Adelaide office market Adelaide DBD Office currently stands at a vacancy rate of 11.8 percent as at December 2013 The global credit crisis has continued to restrict new supply by limiting funding for new construction The government and community sector leased the greatest amount of space at 33,389 square metres a number of office development projects currently underway, with a mix of new builds and refurbishments across the Adelaide CBD. Office Development The building will add around 20,500 square metres of office space over 14 levels to the Adelaide market, with a targeted five star NABERS rating on completion. Approximately 15,000 square metres of the building is pre-committed to People's Choice Credit Union and Santos. Adelaide Office CBD Forecast Gross Office Supply by Type (sq m) 2014 to 2023 50,000 45,000 40,000 35,000 30,000 25,000 20,000 15,000 10,000 5,000 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 IPrecommitment ONew OMooted ORefurb OBackfill AMA http://www.valssa.com.au