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Perth developers gear up for economic bounce back
Perth developers gear up for economic bounce back 1 July 2020 Matthew Hughes Article by: Julie-anne Sprague, Rich List editor Source: Australian Financial Review July 1, 2020 Perth is in a strong position to rebound from the pandemic-induced recession and there are “enormous opportunities”, says the founding director behind one of the city’s biggest development companies, Hesperia. Ben Lisle, who will formally cement the marriage of his property group Linc Property and Adrian Fini’s Fini Group on Wednesday, said the shake-out in asset prices over the past six years left his home city in a good position to benefit from government stimulus aimed at revving up the economy. Perth’s property sector is in a strong position to recover, says major developer Hesperia. Lauren Pilat “We are very confident about the local market and believe that long-term growth in the WA economy means there are enormous opportunities ahead, particularly in industrial and transport sectors, commercial and medical uses, build-to-rent, and the planning and regeneration of key urban infill sites,” Mr Lisle said. He said, in relative terms, Perth’s property sector was in a strong position to recover because it had
Article by: Julie-anne Sprague, Rich List editor Source: Australian Financial Review July 1, 2020 Perth… Read Article