BRISBANE has the strongest prospects of all Australian capitals in central business district property sales and leasing, according to the latest report from property consultancy Richard Ellis.
The agency also said Brisbane was in a better position than other state capitals to take advantage of any economic upturn.
According to the report, a healthy confluence of economic factors, including low inflation (at 1.9 per cent in 1993), healthy GDP growth and rising employment levels throughout 1993 have been taken positively by Australian business.
Bill Tucker, director of Richard Ellis, Queensland, said the Brisbane marketplace reflected the confidence forecast in the report.
Mr Tucker is also responsible for CBD sales and leasing.
He said: ''Leasing activity has certainly increased as general business confidence has grown.