CBD Office: Whilst there were limited deals to report, reduced enquiry, increased sub-lease availability and reports of falling employment have pushed incentives upacross all grades.
Metro Office: The economic impact of COVID is likely to pose a challenge for the Sydney office market, and likely result in a number of the above projects being delayed.
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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