Office vacancy falls but short-term outlook softens

THE national CBD office market vacancy rate fell by 1% to 8.3% over the 2018/19 financial year driven by positive net absorption of 234,800 sqm. However, the short-term economic outlook has softened which will create opportunities and challenges for owners in the year ahead, according to JLL.


This content is private you must Subscribe or Become a Full Member to keep on reading