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Sydney CBD records highest future supply demand across Australia

The future is looking strong for the Sydney CBD with demand for commercial office space increasing, despite recovering from a pandemic and new hybrid working arrangements.

Half yearly data released today in the Property Council of Australia”s Office Market Report reveals strong demand for office space, with vacancy rates remaining steady 11.3 per cent “” up from 10.1 per cent and recording the highest future supply amount across the country to come online in 2023 and 2024.

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