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Satellite hubs set to rise as businesses decentralise

Nila Sweeney

Demand for commercial and residential real estate in satellite hubs such as Parramatta, North Sydney and Macquarie Park is set to surge as businesses relinquish CBD space and shift workers into the "back of office" markets.

JLL’s western Sydney senior leasing director, Ben Lalic, said inquiries for Parramatta office space have been strong and steady since the lockdown was imposed in late March.

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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au

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    Original URL: https://www.afr.com/property/commercial/satellite-hubs-set-to-rise-as-businesses-decentralise-20200603-p54yz2