Melbourne Lags Behind Other Cities As Lockdowns Hit Office Occupancy

August 24, 2021

Hi there,

I was almost going to sell my office space in Melbourne when another lockdown was imposed. However, I could not muster the courage to do it and took advice from experts. Everyone told me that the occupancy rate was lagging behind other cities, but it did not reduce the value of office spaces in the most prolific city of the country. It is a commercially viable region, and most businesses will be concentrated here in the future. I understood that it is the most prominent place to own property and the city enjoys a strong economy. The minor setback will be over once everyone is vaccinated. Also, here is an article that recognises the resilience of the sector.

Read more: https://www.commercialproperty2sell.com.au/blog/2021/08/melbourne-lags-behind-other-cities-as-lockdow.php

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