CBD Office: As at September 2020, the CBD recorded 320,000 square metre (sqm) of new and refurbished space under construction, with seven projects comprising 105,000 sqm of space anticipated to achieve completion during 2020.
Industrial: NSW industrial transaction volume over Q3 was the second strongest quarter in the past 10 years. The boom in online sales during the pandemic helping to fuel demand for industrial stock. Despite the relatively strong demand, the range of yields across Sydney was unchanged over the past six months at 4.0% to 5.5%.
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