Suburban offices swell as tenants rethink city towers


The country’s biggest private office landlord, Lang Walker, is keeping his billion-dollar property empire’s focus firmly on the suburbs as the pandemic prompts tenants to reconsider higher-priced city towers.

Mr Walker, who founded Walker Corporation and has a reputation for astutely picking high and low points in the market, said recent leasing enquiries from tenants suggest quality suburban sites are front of mind for major companies working through their space requirements as they assess the impact of the pandemic.

SMH story here