2020 was a turbulent year for the global economy and whilst the COVID-19 pandemic has undoubtedly impacted global commercial property markets, the Sydney office market has remained an attractive investment option and demonstrated continued strong demand from global tenants.

The last few months has seen many positive indicators that will strengthen property markets over the first quarter of 2021 - the Australian economy rebounding in the September quarter brought an end to the recession, and the results of the Pfizer vaccine trial saw improved consumer and business sentiment.

These positive indicators, combined with the current low interest rate climate and falling government bond yields, will ensure an even stronger year for prime office assets in 2021.

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