Brisbane Business News reports that Brisbane records biggest take-up in CBD commercial space:

BRISBANE has emerged as the star performer as demand for Australian office space recovers with vacancy rates expected to continue a downward trend in 2011.

The state capital recorded the largest fall in vacancy in the CBD markets over a six-month period from 10.9 per cent to 9.4 per cent, according to the latest office vacancy data from the Property Council of Australia (PCA).

National office vacancy rate has dropped from 10 per cent in July 2010 to 9.5 per cent in January 2011.

David Prosser, CB Richard Ellis state director of office services, attributes an influx of mining companies in Brisbane to the shift.

This confirms that the fundamentals of Queensland’s economy are strong, and we should expect Queensland’s resources sector and broader economy to grow strongly in future years. This will likely restore our attractiveness to interstate migrants, and is thus another reason to doubt the Courier-Mail’s big call on the population boom hitting the wall.