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Dexus, Mirvac tip 10 per cent office rent growth

People & Companies / Latest News

Australia

Oct 25 2017

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Carolyn Cummins, The Sydney Morning Herald

Office landlords are in the box seat, with office rental growth forecast to rise by 10 per cent in the coming year as demand outstrips supply.

While this is little joy for traditional tenants, the new entrants into the core capital cities, being the technology businesses, are willing to pay the higher prices to get space where possible. This includes Amazon, Twitter, LinkedIn, Google and co-sharing groups such as WeWork.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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