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The small size and high volatility of the Perth CBD previously discouraged a number of institutional investors. However, Perth is becoming more relevant and Perth’s share of CBD capital stock (by value) has increased from 6.5% (2005) to 13.9% (2011). The long-term potential of the current resource cycle and increasing size of the market requires that investors have a clearly defined investment strategy for the Perth CBD office market.
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28 March 2012