PRIME minister Scott Morrison has outlined a new mandatory commercial tenancy code of conduct for distressed tenants and landlords during the covid-19 pandemic. The PM said the new code supports the government’s “hibernation strategy” for small to medium sized businesses during this crisis by assisting businesses carry the burden to enable the economy to “rebuild and regrow on the other…

CANBERRA’S government-centric office market appears likely to weather the coronavirus pandemic better than its major CBD counterparts across the country, reaching its lowest vacancy rate in 11 years. Four out of six major office markets in Australia recorded a decline in net absorption during the March quarter, according to JLL Research, for a national negative net absorption of 51,800…