Australian office vacancies at a 24-year high during COVID

Not a promising statistic. What do you think has had a greater effect on the commercial property market? The downturn in the economy caused by the coronavirus or the move towards working from home (in part accelerated by the coronavirus)?

#commercialproperty #officespace #workingfromhome

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Nearly 12 per cent of Australian office space is vacant as many workers remain working from home and new office buildings go on the market.