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1.Market Observations, 8.Was Sticky

13 Jan 2017 (AFR) – From offices to serviced apartments as industry offers solid returns

(13 January 2017, AFR, p31, by Su-Lin Tan)

‘Sydney executive leasing outfit Furnished Operators has become the latest group to lodge plans to convert office space into plush executive serviced apartments. The move is part of the response to rising demand for a serviced apartments in the hotel-starved Sydney where numerous landlords have began converting office towers into hotels and residential.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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