North Ryde. Supply low, demand good

LandMark White expects little supply to enter the North Ryde office market over the next five years “Those supply projects which will come into the market are likely to be fully committed or at least 80 per cent leased by the completion of the project … speculative supply additions are a thing of the past,” according to the company’s latest report. Demand prospects are good with the opportunity for expansion by existing businesses and the flow into North Ryde by supporting businesses, the report said.

Macquarie Park. Leasing 'heating up'

Leasing in Macquarie Park/North Ryde is heating up with 46,000 square metres of new space completed in the first half of 2009, more than any other market in Sydney, according to CB Richard Ellis. “The new Epping to Chatswood rail link … is drawing tenant interest from traditional North Shore markets, as evidenced by CSR’s recent relocation from Chatswood, “said CBRE’s Luke Nixon, in The Sydney Morning Herald. The 340-hectare Macquarie Park/North Ryde has an estimated 8000,000 square metres of commercial space