WA economy and Perth industrial market in sync
Robust economic growth is firmly playing into the hands of the Perth industrial and logistics market.
The report released today shows WA’s economy is growing at its fastest pace since 2012, with local economic growth surpassing that of most developed nations. WA’s economy is expected to continue its strong performance, driven by pandemic induced spending in global infrastructure projects leading to strong WA commodity exports. Additionally, once WA vaccination target rates have been achieved the expectation is that both interstate and overseas migration will accelerate the states rapid rise due to improved lifestyle, affordability, and long-term employment prospects.
Read more to see examine key contributors in achieving record levels of demand for Perth industrial space.
