Remote working may lead to 20pc drop in Australian office property prices


Source: abc.net.au abc.net.au

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The COVID-19 experience (and several lockdowns) has proven that many Australians can do their jobs in their pyjamas, without ever needing to set foot in the office again. Key points: $425 billion of superannuation money is invested in unlisted assets like office buildings $425 billion of superannuation money is invested in unlisted assets like office buildings Office property has posted its "worst quarterly decline since 2009", figures show Office property has posted its "worst quarterly decline since 2009", figures show Prices are expected to keep falling with less demand for office space It has been a huge relief for those...