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City office markets ill, but not dead yet

Speculation about the demise of CBD commercial office markets is understandable, as legions of workers take shelter around the world and, on a specific local level, in Melbourne and Sydney.

Melbourne CBD office towers
Melbourne's CBD office market has taken a short term hit, but analysts say it is likely to bounce back in the longer-term. Photo: Shutterstock

Speculation about the demise of CBD commercial office markets is understandable, as legions of workers take shelter around the world and, on a specific local level, in Melbourne and Sydney.

But while those CBDs might not be in the best of health right now, predictions of their demise appear somewhat premature.

Leasing enquiry levels are a sturdy indicator of business’ longer term intentions, and have remained healthy in most Australian capital …