Melbourne office market joins high rise glut

Melbourne office market joins high rise glut

Posted by Unconventional Economist in Australian Property, Featured Article
on April 8, 2013 |

By Leith van Onselen

This blog has spent a lot of time highlighting the looming oversupply of apartments facing Melbourne. Well, it appears that the office market is facing similar conditions, with Morgan Stanley today releasing research pointing to a big ramp-up in office construction and office vacancy rates over the next couple of years:

http://www.macrobusiness.com.au/2013/04/melbourne-office-market-joins-high-rise-glut/