WTP has recently completed providing services for heritage, restoration and revitalization works at the Police Married Quarters building in Central. Click here to learn more.
WTP is very proud to be providing full QS Services on another landmark project in Macau. For more information read here
WT Partnership’s Review of Australian Construction Market Conditions to March 2014 is now available.
In this issue of the report we note the continuation of aggressive tendering across all levels of the construction market, despite an increase in the number of projects proceeding to tender and a notable lift in confidence throughout the broader market.
Brisbane, Australia – Softening in the Brisbane commercial market raises the question for commercial tenants “Should we stay or should we go?”
In their February Office Market Report the Property Council of Australia announced that Brisbane CBD vacancy rates had risen to their highest ever level of 14.2% – up from 12.8% in January 2013. The rate is expected to rise even further toward the end of 2016 when construction of new A+ grade stock including 480 Queen Street, 1 William Street, AMP’s new development in Milton, and the proposed Anthony John Groups development in Southbank reaches completion; prompting many commercial landlords to offer incentives of up to 40% to attract and retain tenants.