Dexus Expects Rental Demand to Grow

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Dexus Property Group says an increase in enquiries from potential tenants indicates a rise in demand for office space is on the way.

The company owns $7.6 billion in office properties, which was 95 per cent occupied at September 30, it said in its latest business update.

General manager of office and industrial Kevin George said positive momentum in leasing enquiries and activity had continued in the September quarter.

“Another key positive has been the growth in leasing enquiry and activity from corporates in the financial services sector and we expect this to translate into genuine demand and leasing in the Sydney office market over the course of fiscal year 2015,” he said.


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