30.08.2012 - Perth office market to outshine nation - CBRE
Perth is tipped to have the strongest rental growth in the nation's office property market over the next five years but it won't reach pre-GFC levels, a new report shows. Real estate giant CBRE today released its growth projections for the office market space and said it was hard to see new demand growing back to historical averages. “The ‘GFC’ has been long and protracted and the longer term consequence of this is softer nominal growth, credit growth running at significantly lower rates, lower balance sheet and revenue growth,” the company said...............................................Full Article: Source
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