| From Bloomberg: Australia’s commercial property market is recovering sooner than expected, driven by a strong economy and the biggest mining boom in more than a century, Jones Lang LaSalle Inc. said.
“The demand for office space has exceeded expectations for this stage of the recovery phase,” Australia Chief Executive Officer Stephen Conry said in an emailed release. “We will soon be seeing pressure on rents, enhanced values, and more developers becoming increasingly confident and active.”.............................................Full Article: Source
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