Australia's commercial property market has turned. CBD office vacancy has fallen from above 12% in early 2024 to under 10%, three of the next five years will see no new Sydney CBD office completions, and CBRE forecasts 3.3% net effective rent growth nationally in 2026.
But this is not a rising tide. Capital and tenants are concentrating on the assets that demonstrably perform, and that is decided at the operational stage of a property's lifecycle. This guide sets out the six stages of the Full Loop, the four levers that move asset performance, and what running the loop properly is worth in indicative ranges drawn from CIM's delivered outcomes.
It closes with the Charter Hall portfolio case study: 60 buildings, 2,978 actions closed at an 82% closure rate, and electricity consumption down 19% since 2019.