CBD Office: Demand for office space is currently limited, with COVID restrictions in place and a majority of white collar workers working from home, deal volumes are down from this time last year.
Fringe Office: The first half of 2020 has seen a significant drop in the number of enquiries, whilst Q1 is generally slower, social distancing associated with the COVID-19 pandemic resulted in reduced enquiry levels in Q2.
National Investment: Transaction volumes for H1 2020 are around 40% of the H1 average for the past five years. The decline has been attributed to a number of factors associated with the COVID-19 pandemic including travel restrictions and uncertainty delaying decision making.
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