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Perth Office Outlook

Zaahen Kahn • 16/05/2022

The Perth office market looks set for growth after several years of relatively soft tenant demand which contributed to high vacancy, weak rental growth, and high incentives. Market conditions have since recovered with the potential for solid demand growth in 2022 supported by WA’s dominant mining sector being buoyed by booming commodity prices, strong economic growth, and Perth’s relatively low COVID impact. The following reviews current trends in the Perth CBD office market, the relationship with the resources sector, key trends in indicators of tenant demand and the potential future market outlook.

Perth Office Outlook

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