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1.Market Observations, 8.Was Sticky

12 July 2018 (AFR) – Sydney, Melbourne rush squeezes (office) vacancy rates

(12 July 2018, AFR, p32, by Nick Lenaghan)

CBD vacancy rate (JLL)

CBD vacancy rate (JLL)

‘The rush for space in central Sydney and Melbourne has helped to drive the national vacancy rate sharply lower to 9.4 per cent. The figures for the second quarter of 2018, compiled by JLL, show the national vacancy rate has dropped by 1.5 percentage points over the course of the 2017/18 financial year.’

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


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