CBD Office: Around 105,000 square metre (sqm) of new and refurbished space were anticipated to complete in the Sydney CBD in 2020. Pending pre-commitment, the potential exists for over 750,000 sqm of supply to enter the CBD market over the next five years.
Metro Office: The need to cut costs, reduced headcount and an increase in flexible working arrangements associated with the COVID-19 pandemic has result in many office tenants across Sydney reassessing their space needs.
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