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1.Market Observations, 8.Was Sticky

6 Feb 2020 (AFR) – Sydney CBD’s tight office market forces tenants elsewhere

(6 February 2020, AFR, p36, Ingrid Fuary-Wagner, Reporter)

‘Sydney’s CBD office market has recorded the greatest negative demand of Australia’s capital cities in the last six months as tenants looked for space elsewhere in the city. According to the Property Council’s latest Office Market Report, rising demand in other parts of Sydney resulted in a slight increase in the CBD’s office vacancy rate from 3.7 per cent to 3.9 per cent.’

Read more at AFR.com (might need AFR login access)

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