Sydney Suburban office – Still Active?

The demand for suburban offices is strong, and construction is underway for 848,000 sqm of space across some 90 projects.

Land Mark have just released a “detailed report”:http://www.lmw.net.au/research/Byte/061004.pdf showing you the latest facts and figures.

Melbourne Suburban Office Market sets pace

Hawthorn has been the pacesetter in Melbourne’s suburban office market this year with limited opportunities for new development and tenant demand for extra or improved space driving up rents and pushing down vacancies.

But while Hawthorn — and particularly Burwood Road — in the inner east has been red hot, the opposite story has come out of the suburbs of Mount Waverley and Mulgrave, where an over-supply of office stock has failed to be absorbed and rents have been stagnant.

“Read more”:/assets/2006/10/31/Offices-SE-Suburbs1.pdf …