EOIs Sought for Industrial Vacancy Rate Assessment
The Property Council of Australia invites expression of interests to participate in an industrial vacancy assessment of the Perth Metropolitan region.
The Property Council of Australia has observed that detailed market intelligence regarding the industrial market vacancy rate is not readily available to the WA property sector, making it difficult for the market and the property industry to accurately assess current conditions when making investment decisions.
Accurate information surrounding current vacancies, existing supply levels and future supply is key for the industry to function more efficiently in terms of pricing, investment and future development, ensuring a more sustainable property industry.
It is also fundamental to ensure that government policy regarding industrial land supply and infrastructure provision is prioritised based on the needs of industrial property industry.
The Property Council of Australia is seeking an expression of interest to determine if the industry would make use of a readily available industrial vacancy rate and if your company would:
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Make use of detailed market intelligence regarding industrial market vacancy;
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Participate in confidentially providing data to inform the industrial vacancy rate; and
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Assist in defining the criteria for inclusion in the industrial market size and composition.
If you would like to participate in an industrial vacancy assessment of the Perth Metropolitan region, please confirm your interest to Rebecca Douthwaite (Policy and Research Manager) on 9426 1203 or [email protected].