Hello There,
I have been working in the technology industry for ten years, but have never been as devastated as I am feeling right now. The COVID-19 pandemic has brought the worst news for our industry. I have been blessed that I own an office in Sydney and have been supplying technical support service to customers throughout the lockdown period. However, I did have to face reduced sales and employ more people to provide service to my loyal customers. It took a toll on my finances and I was struggling with payments. I requested my landlord to reduce the rent temporarily. So I decided to move away from the expensive shops to a small one, but I feared losing my clients. Then one day a property manager told me that the rental prices were falling in my location and some of the landlords were offering incentives too. I thought that it was ideal for my business so I made a move and it worked for me. I am surprised that the rental prices have fallen so much in a place like Sydney but COVID-19 has done it. I am sure the landlords are also in a tough spot right now. If you want to know about the falling office rents, then take a look at the article shared below.
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