"Options for tenants looking for more than 1000sqm of contiguos space in higher-grade buildings were limeted. The city's best-performing metropolitan marked was Sydney Olympic Park, with a 0.7 per cont vacancy rate.
Rohodes remained strong with 2 per cent vacancies, while the CBD fringe 5.7 per cent. North Sydney had 9.2 per cent vacancy North Ryde/Macquarie Park 9.8 per cent.
Parramatta had a 9.3 per cent vacancy rate, with some of the tightest incentives of any metro market at 10 to 15 per cent for A and B grade assets."
"Chatswood remained Sydney's biggest underperformer, with 17 per cent vacancy, followed by Norwest with 15.3 per cent and St Leonards/Crows Nest with 12.5 per cent."