Luring workers back to the office has proven a tough nut to crack.
The office sector is still feeling the aftershocks of a pandemic-led exodus from Australia’s CBDs, which has seriously tested the foundations of a centralised workplace.
It remains on shaky ground as institutional investors continue to withdraw from the asset class and valuers predict a slide in values of up to 20 per cent as the market corrects in the higher interest rate landscape.
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