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Acumentis : As Government Property Shrinks the Leasing Market Shifts
Acumentis : As Government Property Shrinks the Leasing Market
About this update from Acumentis Group Limited
A Clear Downshift in Spend and Space The Minister for Finance has confirmed that the Commonwealth is reducing property expenditure by consolidating tenancies, embracing hybrid work and tightening energy costs. Key outcomes include: Occupational density improved to 13.1 m² (target: ≤14 m²), marking the second consecutive year of beating the benchmark and an improvement from 13.4 m² since 2023. [...] This is an abstract of the document. To keep reading, click here and get access to the original version.
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