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,3/6/2017,#,A,U,S,T,R,A,L,I,AN,M,I,LL,E,N,N,I,A,L,S,:,S,H,A,P,I,N,G,T,H,E,F,U,T,U,R,E,O,F,R,E,A,L,E,S,TA,T,E,A,USTRALIA,N,MILLENNIAL,S,:,SHAPIN,G,TH,E,FUTUR,E,O,F,REA,L,ES,T,A,T,E,A,USTRALIA,N,MILLENNIAL,S,WH,O,AR,E,THEY,?,BASE,D,O,N,THOS,E,A,GE,D,22-29,73%,18%,74%,AR,E,EMP,L,O,YE,D,35%,54%,H,A,V,E,A,DEGRE,E,O,R,STU,D,YIN,G,FO,R,ON,E,H,A,V,E,INCOM,E,GRE,A,TE,R,THA,N,$100,00,0,LIV,E,WIT,H,THEI,R,P,ARENTS/,F,AMI,L,Y,HOM,E,Much,lower,than,Asian,countries,(70%),MARRIE,D,O,R,LIV,E,WIT,H,A,P,ARTNE,R,Much,higher,than,Asian,countries,(37%),CBR,E,G,L,OBA,L,RESEARC,H,CBRE LTD.2021,A,USTRALIA,N,MILLENNIAL,S,:,SHAPIN,G,TH,E,FUTUR,E,O,F,REA,L,ES,T,A,T,E,MILLENNIAL,S,I,N,A,USTRALI,A,HOUSIN,G,AFFOR,D,ABILIT,Y,I,S,A,MAJO,R,ISSU,E,FO,R,MILLENNIAL,S,66%,WELLNES,S,F,A,CILITIE,S,AR,E,A,DR,A,W,CAR,D,FO,R,MILLENNIAL,S,W,ellness/relaxation,facilities,and,green,space,are,the,biggest,influence,on,millennials,when,looking,for,a job,INCREASIN,G,F&,B,AN,D,RE,T,AI,L,EXPERIENC,E,PREFERENC,E,TH,E,PHYSICA,L,SHOPPIN,G,EXPERIENC,E,COUNT,S,MILLENNIAL,S,M,A,Y,H,A,V,E,MOR,E,JO,B,L,O,Y,A,L,T,Y,THA,N,PERCEIVE,D,MOR,E,THA,N,74%,believe,work,relationships,and,office,designs,are,important,in,the,workplace,O,F,MILLENNIAL,S,61%,want,to,work,for,a,small,number,or,single,company,20%,27%,believe,they,wo,n,t,ever,be,able,to,afford,it,want,to,increase,their spending,on,F&B,and,entertainment,over,the,next,3,years,of,non-food,purchases,are,made,in,-,store,GE,T,HEL,P,FRO,M,P,ARENTS,/,G,U,ARDIA,N,FO,R,A,DEPOSI,T,Much,lower,than,Asian,countries,(63%),70%,CBRE GLOBAL RESEARCH,This report was prepared by the CBRE Australia Research Team,which forms part of CBRE Researcha network of preeminent researchers and consultants who collaborate to provide real estate market research,econometric forecasting and consulting solutions to real estate.,CBRE Ltd.2021 Information contained herein,including projections,has been obtained from sources believed to be reliable.While we do not doubt its accuracy,we have not verified it and make no guarantee,warranty or representation about it.It is your responsibility to confirm independently its accuracy and completeness.This information is presented exclusively for use by CBRE clients and professionals and all rights to the material are reserved and cannot be reproduced without prior written permission of CBRE.,A,USTRALIA,N,MILLENNIAL,S,:,SHAPIN,G,TH,E,FUTUR,E,O,F,REA,L,ES,T,A,T,E,HOUSIN,G,AFFOR,D,ABILIT,Y,I,S,A,N,ISSU,E,FO,R,A,USTRALIA,N,MILLENNIAL,S,BELIEV,E,THE,Y,CAN,T,EVE,R,AFFOR,D,-,G,L,OBA,L,COM,P,ARISON,A,USTRALI,A,66,%,HON,G,K,ON,G,61,%,GRE,A,T,BRI,T,AI,N,60,%,CANA,D,A,46,%,UNITE,D,S,T,A,TE,S,40,%,GERMAN,Y,33,%,CBR,E,G,L,OBA,L,RESEARC,H,CBRE LTD.2021,76%,wan,t,t,o,bu,y,a,70%,sa,y,cos,t,i,s,the,66%,believ,e,the,y,wo,n,t,29%,believ,e,the,y,ca,n,t,70%,spen,d,u,p,t,o,half,74%,believ,e,wage,s,are,27%,o,f,millennial,s,get,propert,y,i,n,the,bigges,t,factor,eve,r,b,e,abl,e,to,affor,d,t,o,bu,y,i,n,an,o,f,thei,r,disposable,no,t,keepin,g,u,p,with,hel,p,fro,m,parents/,future,preventin,g,them,affor,d,it,are,a,the,y,like,incom,e,o,n,non-retail,propert,y,prices,guardian,s,fo,r,a,fro,m,buyin,g,.,Cost,consumption,eating,deposit,.,Much,lower,is,the,top,reason,awa,y,savings,than,Asian,countries,globally,WELLNES,S,F,A,CILITIE,S,AR,E,A,DR,A,W,CAR,D,FO,R,A,USTRALIA,N,MILLENNIAL,S,45%,o,f,Millennial,s,lik,e,thei,r,current,offic,e,layout,W,ellness/relaxation,facilities,i,s,th,e,biggest,influenc,e,on,millennial,s,whe,n,lookin,g,fo,r,a,job,Sleeping/rest,areas,gree,n,space,games,roo,m,and,child,car,e,centres,ar,e,highl,y,desire,d,compare,d,to,what,s,currentl,y,provided,Which,if,an,y,o,f,thes,e,facilitie,s,woul,d,hav,e,a,n,influenc,e,on,yo,u,whe,n,thinkin,g,abou,t,taking,a,ne,w,job?,A,USTRALIA,N,MILLENNIAL,S,:,SHAPIN,G,TH,E,FUTUR,E,O,F,REA,L,ES,T,A,T,E,desire,currentl,y,provided,CBR,E,G,L,OBA,L,RESEARC,H,CBRE LTD.2021,PERCEN,T,A,G,E,O,F,RESPONDENTS,0,10,20,30,40,W,ellnes,s,/,relaxatio,n,facilities,Sleepin,g,/,res,t,areas,Gree,n,spac,e,i,n,buildin,g,/,roofto,p,gardens,Game,s,room,Chil,d,car,e,centre,On,-,sit,e,convenienc,e,store,Canteen,Dr,y,cleanin,g,service,Abilit,y,t,o,receiv,e,shoppin,g,deliveries,Coffe,e,bar,Bik,e,racks,Showers,A,USTRALIA,N,MILLENNIAL,S,:,SHAPIN,G,TH,E,FUTUR,E,O,F,REA,L,ES,T,A,T,E,OFFIC,E,DESIG,N,AN,D,L,A,Y,OU,T,I,S,IMPO,R,T,AN,T,BU,T,WORKIN,G,RE,L,A,TIONSHI,P,AN,D,ENVIRONMEN,T,I,S,MOR,E,IMPO,R,T,AN,T,P,ercentag,e,o,f,respondent,s,tha,t,agre,e,strongl,y,o,r,ten,d,t,o,agree:,CBR,E,G,L,OBA,L,RESEARC,H,CBRE LTD.2021,W,or,k,flexibility,i,s,important,t,o,Australian,millennials,howev,e,r,working,relationshi,p,and,wor,k,environmen,t,is,mor,e,important,Millennial,s,agre,e,that,office,desig,n,an,d,layout,i,s,important,77%,Goo,d,employers,74%,W,orkin,g,relationships,72%,Goo,d,desig,n,and,65%,I,conside,r,mysel,f,lucky,65%,I,n,th,e,curren,t,job,62%,I,woul,d,lik,e,t,o,have,61%,I,t,i,s,importan,t,t,o,take,pu,t,a,lo,t,o,f,thought,ar,e,on,e,o,f,th,e,most,layou,t,o,f,a,n,office,t,o,hav,e,a,jo,b,a,t,all,marke,t,i,t,s,very,flexibilit,y,o,n,wher,e,I,s
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