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Vacancy rate of the prime office market in Melbourne CBD, Australia from 2016 to 2021

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Source

Release date

April 2021

Region

Australia

Survey time period

2016 to 2021

Supplementary notes

* Figure refers to CBRE estimates in Q1 2021.

Citation formats

Vacancy rate of the prime office market in Melbourne CBD Australia 2016-2021

Published by ÌÇÐÄÆƽâ°æ Research Department, Apr 19, 2021
In the first quarter of 2021, the vacancy rate of prime office real estate in Melbourne CBD was *** percent. The vacancy rate had been decreasing until the end of 2019. However, the recent COVID-19 outbreak seemed to have led to a decline in office leasing enquiries, and therefore an increase in the vacancy rate in 2020 and 2021.
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