Parramatta. Rise in office vacancy

Total office vacancy in Parramatta, in the six months to January 2009, rose by 2.8 percentage points to 10.1 per cent, the highest level since July 2006. Despite this, grade A vacancy remained just 20 basis points above the lowest level recorded at 3.1 per cent, with at just 6471 sq m vacant as at January 2009, according to the CBRE Sydney Metropolitan Office Marketview