布里斯班中央商务区办公室2026年第一季度市场状况

Global uncertainty dampened sentiment late in the Quarter Q1 2026 •Prime gross face rents grew 7.1% in the year to Q1-26, a slightly slower pace of growth than prior year but stillwell above the 10-year average of 4.3%. Average prime incentives fell 25 bps in the quarter to 37.5%. Secondaryrents grew 4.4% with incentives lower at 39.0%, however most secondary deals involve new or existingfitout. •Completed late 2025, 360 Queen St only hastwo,part-floor vacancies,forcing tenants back to existing primeassets where vacancy sits at 8.2% for Premium and 10.7% for A grade, recently higher due to backfill space.There remains a drought of new or refreshed product, concentrating demand into existing assets. •Prime and secondary yields remained stable in Q1 with stronger investor demand being counteracted by thehigher cost of funds and global uncertainty. While new sales in Q1 were limited, the quarter ends withassetsinDD including 66 Eagle St and 150 Charlotte St. Brisbane CBD Prime Yield Range Core market yield range & median (3-5 year WALE) Brisbane CBD Office Transactions$million by purchaser location, sales $10m+ Capital MarketsJustin Bond+61 7 3246 8872Justin.bond@au.knightfrank.com Office LeasingMark McCann+61 7 3246 8853Mark.mccann@au.knightfrank.com Capital MarketsMatt Barker+61 7 3246 8810Matthew.barker@au.knightfrank.com Research & ConsultingJennelle Wilson+61 7 3246 8830Jennelle.wilson@au.knightfrank.com Valuations & AdvisoryPeter Zischke+61 7 3193 6811Peter.Zischke@qld.knightfrankval.com Capital MarketsBlake Goddard+61 7 3246 8848Blake.goddard@au.knightfrank.com