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17 Apr, 2023

Parramatta Office CBD Forecast

Issue 1

The post-COVID economy in Australia has led to rapid interest rate rises and a shift towards a hybrid working model, increasing vacancies in the Parramatta office market. However, ongoing infrastructure investment makes Parramatta CBD attractive for growing businesses, and high institutional investment indicates confidence in the office market, which is anticipated to rebound as rental growth potential emerges.

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