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Commercial Property: the Sector to Watch in 2022
2021 has been busy as ever for the Trasan team! Our multidisciplinary building services have ensured we have worked across a range of commercial, industrial and public sector projects throughout the year. One area of particular interest has been the commercial property sector. Prior to the COVID-19 pandemic, commercial property was always regarded as a pretty safe venture. But after a whole load of uncertainty, it’s safe to say there has been an impact on all areas of the world. So to finish up 2021, we thought we would take a look at what’s been happening relating to commercial property and what commercial property options your business can explore in 2022.
Commercial Property Confidence is Increasing
As 2021 progressed, we saw an increased confidence in purchasing and renting long term commercial properties. Most investors and business owners understand that commercial property is a long term investment and after a more stable end to 2021 there has been an increased interest into commercial property according to Axis Property.
Options For Commercial Property in the Pilbara in 2022
If 2022 is going to be your year to invest in commercial property, then there are a number of different ways you can look at heading into or expanding this part of your portfolio. Both purchasing or renting property are an ideal way to take the next step in your business or investment portfolio. This includes:
- Commercial construction – our team can help you design and build a new commercial building within the Pilbara, either for your own business or as an investment to rent out to other commercial tenancies.
- Pre-acquisition assessment – if you’ve decided buying a pre-existing commercial space is best for your business, then it’s important to do your due diligence. Our pre-acquisition assessment services give you detailed insight into the status of a building.
- Commercial refurbishment – sometimes a commercial building can become outdated pretty quickly. Our refurbishment services will allow you to bring new life into an old building, making it perfect for your business to move into in 2022. This includes office buildings, warehouses and retail spaces.
- Commercial fit-outs – maybe you’ve spent 2021 sourcing the perfect commercial space in the Pilbara to either rent or purchase. The location is ideal, and its size is absolutely perfect, so your next step in 2022 is a commercial fit out. We can transform your space from blank canvas to your dream location for your business, whether it’s a retail store or an office space, we can cover it all.
The commercial property sector is continually on the rise within the Pilbara region as retail, office space, warehouses and other commercial areas continue to grow. We hope to see this continue throughout 2022 and beyond.
Merry Christmas & Happy New Year
As this is our last blog post for the year, we would also like to take a moment to say thank you to all of our clients, suppliers and the wider Pilbara community for a great 2021. We hope everyone has a safe and happy Christmas and New Year. Our team look forward to continuing to work with each of you into 2022.