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When it comes to renting office property, businesses are thinking a lot more about access to transport, retail, services and after-hours entertainment.
Around Australia more and more office buildings have large vacancies, but Australia’s landlords aren’t budging on pricing or their plans to build even more skyscrapers.
Around Australia more and more office buildings have large vacancies, but Australia’s landlords aren’t budging on pricing or their plans to build even more skyscrapers.
While rising vacancy rates will challenge rental income, there are also signs of hope for landlords, demand ticking up and while sub-lease space falling.
Despite a super-tight jobs market, there are indications employers are becoming more cautious on hiring intentions amid a more uncertain economic outlook.