Bleak outlook for office sector as work-from-home trend takes root

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Property brokers saw the negative impact from the Covid-19 lockdowns reflected in all three major commercial property markets.
Property brokers saw the negative impact from the Covid-19 lockdowns reflected in all three major commercial property markets.
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All three major commercial property sectors, namely office, industrial and retail, showed slight increases in perceived market activity levels, according to the FNB Commercial Property Broker Survey for the fourth quarter of 2020. 

The survey looks at "activity" in the market as including everything from indications of interest in buying or selling, through to actual transaction levels.

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