Could there be a Sony Xperia Z1 Compact Google Play Edition in the future?

I think a GPE version of the Sony Xperia Z1 Compact will close a major gap currently in the Play Store - A lack of a smaller size premium Google Play device. I think it will be a great addition to the GPE portfolio.

If the Sony Xperia Z1 Compact does come to the Play Store, what do you think will it be priced at?