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The Australian economy is struggling to drive the sustainable growth. In this situation, the development is being triggered by the regular influx of residents into the city based locations. The demand of agile office spaces by small to medium-sized start-up companies has helped in improvement of the condition of the real estate condition. The increased demand has led to the rise in construction of office space. The rental growth will be driven by robust demand for offices which would be stronger than the rest of the economy and the asset withdrawal for residential/ hotels will help in mitigation of supply.
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