James Alexander-Hatziplis

Apr 13, 2023 | investmentmagazine.com.au | James Alexander-Hatziplis |Louise Davidson |Michael van Niekerk |David Bell

Several of the country’s CBDs have recently witnessed an increase in office vacancies and thus falling property yields, despite the end of COVID and employees returning to the office on a hybrid work arrangement. The demise of some of these offices is the result of business tenants seeking to reduce costs as inflation and interest rates rise – and seeing reducing the amount of office space as a means to reduce their expenses.