Friday, 22 August 2008

Region. Development in M7 catchment area

M7 operator, Westlink, says 350,000 square metres of industrial building is currently under way in its catchment, with councils in Blacktown, Liverpool and Penrith assessing a further 400,000 square metres. Despite the anticipation of a slow down, Prestons and Eastern Creek remained hotspots for industrial property development, Knight Frank said. The outer-west and the south-west dominated the number of leasing deals in terms of space volume in the first six months of 2008.

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