November 2025

Pullinen Property Group / 2025 / November

Absorption Over The Years

Office Absorption has changed a lot in the office markets over so many years. The covid era simplified matters and shaped the way office absorption has happened since its start. We look at PCA office absorption for the 5.5 years up to and including January 2020...

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Happy Median

The graph below shows 6 monthly office space absorption in the 6 capital cities since 1990 from the PCA figures. They are the most consistent figures in the market. Last week’s CREview numbers showed how absorption has changed over the last 5 years. But what does the...

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De-Densification

For a while there was a lot of discussion about office space supply; undersupply, lack of supply, even “supply crisis”. As often happens, things have calmed down and that is because supply is not really the issue. Demand is thin, and remains so. In many examples...

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Office Market Parallels

Nice to be back from a whirlwind trip in the US visiting 4 cities in 11 days. Nashville is a fun town and if you ever get the chance, go to Broadway and listen to the quality of the bands. The place is a zoo...

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