News - Planning & development

The demand for A and B grade office space in Canberra continues to be very high, with vacancy rates for both classes below one per cent. These are the grades that key government agencies would be looking to lease, and therefore key Gungahlin employment generators.
 
Yet the ACT Government's development arm the Land Development Agency continues to tell us that they don't have any potential tenants lined up.
 
How will we ever know if they don't get some land on the market? The "market" can never speak if they are never given a chance to put their money down...
 
It is far beyond time that the LDA auctioned off some key parcels of land in the Gungahlin town centre.

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