Yes Perth is chugging along just fine at the moment.
They are adding more office space..at a time when office vacancy has been increasing and is expect to increase further..
They are adding more apartments, funnily enough at a time when the residential vacancy rate is also increasing..
..and they want to add a couple of hand-fulls of hotels at a time when occupancy is declining..
Certainly, as always..interesting times ahead for market watchers.
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