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Investment Opportunity in Sydney's Commercial Real Estate Market

   

Added on  2023-06-11

2 Pages367 Words411 Views
Sydney Commercial Real estate turning into an exclusive princely state
The first three months of the current fiscal year saw a rise of 50 percent in the effective rental
rates. In spite of a huge supply of the office space the vacancy rates in the area are on the
lower side (Williams, 2018). There is a lack of supply for commecrial office rentals in the area.
Apart from these direct indicators, certain indirect indicators are also supporting a rise in the
demand as well as the profits associated with the office real sectors. For instance, the
increasing number of white-collar employees has touched the levels of two lakh employees
per annum. Another factor is connected with the offshore stakeholders in the market. During
the previous year, 51 percent of the transactions in this area were connected to the offshore
investors (Cheung, 2011).
Investment Opportunity in Sydney's Commercial Real Estate Market_1

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