THE DISAPPEARING OFFICE SPACE!

1 Apr 2016

One of the factors affecting office rentals is the amount of existing stock that has been withdrawn from the market. Many commentators point to new buildings such as those at Barangaroo but miss the buildings being converted to residential and more recently, buildings being resumed for infrastructure projects. In North Sydney, two 16 storey buildings plus a shopping centre will be demolished, several buildings in Crows Nest face the wrecking ball and a trophy building in Martin Place will soon disappear. All this, at a time when demand for space is increasing through a vibrant NSW economy. If you're looking for office we can help http://www.johnhill.com.au