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New stock to boost demand in Herdsman
8-May-08
Written by Emily Piesse
With office vacancy rates in Perth CBD and West Perth sitting near zero, suburban office space is in high demand from city tenants looking to relocate.
Among these growing markets, Herdsman will become one of the most sought after, according to a report from Jones Lang LaSalle.
While the amount of finished stock coming onto the market in Herdsman during the past six months has been relatively small, a wave of new supply is due in the latter half of the year.
One of the largest projects, when completed, will be ABN and Macquarie’s joint venture at 18 Parkland Road, containing 15,000 square metres of space.
Article continues...
8-May-08
Written by Emily Piesse
With office vacancy rates in Perth CBD and West Perth sitting near zero, suburban office space is in high demand from city tenants looking to relocate.
Among these growing markets, Herdsman will become one of the most sought after, according to a report from Jones Lang LaSalle.
While the amount of finished stock coming onto the market in Herdsman during the past six months has been relatively small, a wave of new supply is due in the latter half of the year.
One of the largest projects, when completed, will be ABN and Macquarie’s joint venture at 18 Parkland Road, containing 15,000 square metres of space.
Article continues...
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