Sydney CBD sublease volumes hit a three-year low - CBRE
The volume of sublease office space in the Sydney CBD dropped substantially in Q1 to the lowest level since January 2022, new CBRE data shows, commented CBRE Associate Director Thomas Biglands and CBRE Office Senior Leasing Director Chris Fisher.
CBRE's Sydney Sublease Barometer for July and August has shown sublease space within the city has hit a record high of 157,853sqm, representing a 90 per cent surge in five months.
The volume of Sydney CBD sublease space has surged to levels not seen since the height of the Global Financial Crisis, according to new research from CBRE.
