Thursday 4 February 2010

North Ryde. Slight drop in offcie vacancies

North Ryde office space – which is bigger than in Parramatta – has remained constant, with a slight drop in vacancies, from 12.3 per cent to 12.2 per cent, in the six months to January 2010, according to the Property Council of Australia’s latest Office Market Report. “North Ryde has enjoyed phenomenal growth in recent years. It is now the ninth biggest office market in the country. There were no additions to supply in the past six months, but 28,700 square metres is due to come online in 2010," he said.

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