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Landlords proactively targeting smaller tenants

Property Markets / Outlook

Australia

Nov 17 2017

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Carolyn Cummins, The Sydney Morning Herald

The increase in small to medium-sized businesses in capital cities has seen a rise in demand for landlords to split floors and accommodate these tenancies.

This has resulted in an increase in the number of spaces for lease in the Sydney CBD sub-150-square-metres market. While vacancy rates are at their lowest levels since 2007, smaller businesses looking to lease office space within the CBD have more options available to them today than 12 months ago.

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

SOURCE: The Sydney Morning Herald

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