While aggregate vacancy levels risen slightly from 11.9 per cent to 12.1 per cent, the driver of this has been new supply of office space, not a drop in demand. The reality is that most CBD businesses continue to see the office as integral their future, and that is reflected in the increased demand for office space over the past six months.
Ken Morrison, Chief Executive - Property Council of Australia.
propertycouncil.com.au
info@propertycouncil.com.au
ABN: 13 00847 4422
+61 (0)2 9033 1900