Subscriber • Analysis

APS leases expiring in 2022 could leave Canberra offices without tenants for years

EW
Updated November 13 2020 - 6:25pm, first published 11:30am
Raine and Horne Canberra executive director of commercial sales and leasing Michael Ceacis. Mr Ceacis fears upcoming expiring Commonwealth leases and a push by government into new buildings could leave Canberra with a glut of unused commercial property. Picture: Sitthixay Ditthavong
Raine and Horne Canberra executive director of commercial sales and leasing Michael Ceacis. Mr Ceacis fears upcoming expiring Commonwealth leases and a push by government into new buildings could leave Canberra with a glut of unused commercial property. Picture: Sitthixay Ditthavong

Canberra is heading towards a major shakeup in the commercial property market thanks to a large number of Commonwealth office leases due to expire in 2022.

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EW

Elliot Williams

Canberra Times journalist

I've been a reporter with The Canberra Times since 2017 and as a proud Canberran it's been an honour to tell the stories of my hometown. I'm currently reporting on the public service and examining the ins and outs of a very important part of our city. Email: elliot.williams@canberratimes.com.au

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