Despite business sentiment continuing to improve across the country, the outlook remains sluggish. Growing uncertainty, coupled with remote and flexible work practices which continue to be in place, occupiers will adopt more intensive risk assessment to avoid capital outlay when assessing their long-term real estate strategy. Cost-cutting by businesses and persistent economic headwinds will result in occupiers seeking greater lease flexibility to accommodate the rapid “flex up” or “flex down” workforce. The report provides an overview of the sublease space across the main CBD office markets.