Written by John Siciliano
The tightening of office markets are seeing an upward pressure on rents which is causing tenants to look beyond their desired locations and taking a keen interest in alternatives destinations.
This is more so evident in budget driven markets such as Parramatta whereby tenants initially tend to short list properties on rental.
Owners and tenants alike should strike a balance to create a long lasting relationship and mitigating any long-term vacancy.
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