Lockdowns dent, but don't destroy commercial property confidence
Confidence levels in commercial property remain resilient despite Australia’s biggest office markets grappling with lockdowns, new research has revealed.
Despite Sydney's CBD looking like a ghost town, commercial property players remain confident in a rapid recovery. Photo: Juan C Sanchez-Herrera / Shutterstock.com (Image source: Shutterstock.com)
Confidence levels in commercial property remain resilient despite Australia’s biggest office markets grappling with lockdowns, new research has revealed.
The latest edition of the ANZ/Property Council of Australia industry confidence index showed that while confidence overall was lower than at the end of June, optimism remains much higher than at the same time last year.
Property Council chief executive Ken Morrison said the level of disruption…
