Realcommercial.com.au | Aussie companies ditch the suburbs for luxury CBD offices

Date | August 26, 2025

Spaceful CEO Ben Myhill featured in Realcommercial.com.au, discussing the ‘flight to quality’ trend where businesses move from older suburban offices to premium CBD spaces. Read the full article to see how this shift is shaping the commercial property market.

In a recent article on Realcommercial.com.au, Spaceful CEO, Ben Myhill, spoke about a powerful trend that continues to shape the commercial property market: the ‘flight to quality.’ This movement, which is also highlighted in the Property Council of Australia’s July 2025 report, sees businesses abandoning older, suburban offices for premium, high-performance spaces in the CBD.

Spaceful has embraced this trend, making a deliberate and strategic decision to relocate from its Waterloo office to a central city location. The move represents more than a change of address; it reflects an investment in the company’s future and its people.

As Ben explains, a prime CBD address serves as a crucial asset for both business growth and attracting top talent. The Spaceful studio brings to life the principles the team guides clients to embrace. By creating a high-quality environment in a central location, it supports the success of the Spaceful team while demonstrating the company’s belief that a strategic, well-designed office is an invaluable asset.

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