So the LPT sector currently has 75 billion worth of buildings..... and is planning 56 billion of new ones. Thats a 60% expansion of current building capacity, A LOT.
So if they cut back or delay some of that expansion - probably A GOOD THING. Its not at all obvious we suddenly need 60% more buidings at all.
But the zero-cred clowns at BIS Shrapnel think this will cause rents to explode by 30%. Yeah right. What sort of businessness ( other than corporate vultures like Ferrier and KordaMenta ) do they expect to be expanding and needing more office space in the next few recessionary years.
So the LPT sector currently has 75 billion worth of...
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