AdvertisementBusinessThe economyCommercial property finance Empty offices fill up as remote-work momentum shows signs of slowing Simon Johanson August 6, 2026 — 3:00am Save You have reached your maximum number of saved items. Share A A AGrowing demand for office space in Australia’s big cities suggests the momentum for remote working may be fading as companies take advantage of lower rents to shift into better towers. Attractive rents and landlords’ incentives – usually in the form of rent-free periods or paying for office fitouts – along with amenities like gyms, cafes and transport hubs are luring firms back to city towers. St Kilda Road’s office towers, for example, are burdened with a vacancy rate above 30 per cent. “Net absorption numbers turned positive late last year,” said Tony McGough, head of research at commercial agency Knight Frank’s Victorian office.