Scarce office space still needs careful pricing
A claim that office space is scarce needs a definition of the space being discussed. Scarcity of one specification does not establish the appropriate price of every office.
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Published by Astra Terra Properties. Astra Terra analysis and practical guidance. Verify the facts and terms of your own transaction with the appropriate sources and advisers.
About this revision
Revised on 3 October 2026 as Astra Terra analysis. Unverified historical market assertions have been removed. The original publication date and URL are retained; this is practical guidance, not a reconstructed news report.
A claim that office space is scarce needs a definition of the space being discussed. Scarcity of one specification does not establish the appropriate price of every office.
Define the relevant alternatives
Compare premises that meet the same size, location, fit-out and timing requirements. Record what is currently available and which offers have been confirmed.
Assess the asking price
Examine the complete costs and terms against those alternatives. A premium may reflect useful features, but it still needs an explanation. Avoid treating an unsupported shortage headline as a reason to skip inspection or accept unclear obligations.