Demand for ACT commercial property on the rise: Colliers International

Demand for ACT commercial property on the rise: Colliers International
Demand for ACT commercial property on the rise: Colliers International

Demand for private sector office space rental within the Canberra market is high around the sub, 1,000 square metre market, with tenant representatives, digital media and telecommunications driving demand.

Colliers International director of government services, office services, Michael Ceacis said these ACT sectors all seem to have exposure to the inevitable growth in the Commonwealth Government.

"Whilst the Canberra market appears focused on attracting large tenants, who are largely the Commonwealth, he is witnessing significant activity in the sub 1,000sq m leasing market," Mr Ceacis said.

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Demand for ACT commercial property on the rise: Colliers International

 

Click to enlarge

Demand for ACT commercial property on the rise: Colliers International

 

Source: Colliers International Research

 

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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