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Sydney office tower deal could be tonic for deal-starved market

The mooted sale of a stake in 255 George Street could help kick-start a transactions market which has been stranded in a stalemate over appropriate pricing.

Work from home: Employers poised to push staff harder for more days in the office

However, even an increase in attendance is unlikely to offset the overall fall in demand for office space as hybrid work stays in play, experts say.

Remote working may lead to 20pc drop in Australian office property prices

Commercial property valuations: Crunch time for office towers

The office sector is under pressure as rates rise, business expansion slows and staff stay home. It all points one way. The big reset is office values is finally underway.

Office tower values: Touchy, contested, critical

Within weeks, investors will learn what a select group of valuers really think about pricing. Whether buyers accept those anticipated discounts will then be the test.