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"&lt;div&gt;&lt;strong&gt;SYDNEY, 20&amp;#160;JUNE 2014&lt;/strong&gt; \u2013 The commitment to record infrastructure spending announced in the NSW Budget this week will continue to be positive for the commercial property sector, according to global commercial property firm JLL.&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;JLL\u2019s NSW Managing Director and National Head of Industrial Michael Fenton said funding for key projects is expected to provide a boost to the economy and enable infrastructure to keep up with business and population growth. This flow-on effect will have a positive impact on the commercial property sector.&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;\u201CInfrastructure spending on key projects including the North West Rail Link, WestConnex, NorthConnex, South West Rail Link and the Western Sydney roads package which will provide support to Sydney\u2019s second airport are fundamental to the growth of the commercial property sector.&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;\u201CIndustrial occupiers will benefit from eased congestion and efficient transportation of goods from port to distribution centre, all the way through to customer delivery.&amp;#160;&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;\u201CThe increased confidence brought about by Federal and NSW Government contributions to infrastructure projects is also likely to encourage investors to purchase and develop assets set to benefit from the projects.&lt;/div&gt;&lt;div&gt;&lt;br&gt;&lt;/div&gt;&lt;div&gt;\u201CImproved infrastructure will enable cost efficiencies through transportation savings and the better management of deliveries. This will enable owners and occupiers to invest in the location and facilities of their property to ensure the best possible operations for their business structure and customers,\u201D concluded Mr Fenton.&lt;/div&gt;"^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.jll.com.au/australia/en-au/news/738/infrastructure-spending-in-nsw-budget-welcomed-by-commercial-property-sector>