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Sydney CBD office buildings
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The demand profile for CBD office buildings has changed as a result of the pandemic, but is not likely to disappear. Photo: Shutterstock

Demand for office space in a post-COVID Australia

Before COVID-19, Australia’s domestic office market was in the midst of a decade-long period of expansion. 

Capital values and rental growth reached unprecedented levels. Australia’s two largest markets, Sydney and Melbourne, recorded their lowest vacancy rates in 30 years (5.0 per cent and 3.4 per…

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