Market Insights: Australia's Flexible Office Space Market Report - Q3 2024

COVID-19 casts doubt over future of CBD office towers

COVID-19 casts doubt over future of CBD office towers

Friday, 22nd May 2020 | Press

ABC covers the future of flexible office space

The mass-exodus of Australia's business centres due to the COVID-19 lockdown has put the future of inner-city office towers in doubt; Billions of dollars in value could be wiped off the commercial property market as businesses look to downsize or de-centralise their office footprint.

"What we're starting to see now is the work from home, or businesses looking for work near home options for their staff" - Jim Groves

Hear from:

  • Jim Groves, founder and CEO, Rubberdesk
  • Lauren Trucksess, marketing manager, Investible
  • Henry Weaver, head of community, Fishburners
  • James Thomson, senior industry analyst, IBISWorld

Listen to the program today

To hear the insights covered by ABC, click here.

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About Rubberdesk

Cofounded by Jim Groves and David Dale, the Australian PropTech startup was launched in 2016 to provide an alternative to leasing commercial office space for small and medium and sized businesses. After the initial build out phase, the site grew organically before Domain brought Rubberdesk in to power their coworking site on CommercialRealEstate.com.au. It's first funding round closed successfully in July 2018.

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