A review by WT Partnerships predicts activity in the construction sector to remain at a positive level in the short term.
Released last month, the review of the Australian construction market conditions shows the construction and infrastructure activity outlook is positive.
The review revealed strong delivery continuing for residential, retail, health and commercial projects in Australia. The review reported a particularly strong focus on infrastructure projects, especially in the states of Victoria and New South Wales.
Commercial real estate developers are expected to benefit from the increased demand for office space.