Taiwan
Insurance firms dominate Taiwan’s commercial property market in Q1
Insurance firms dominate Taiwan’s commercial property market in Q1
They accounted for 32% of transactions during the quarter.
Taiwan commercial transaction volumes hit record highs in Q1
Total volumes surged 241% to USD1.5b during the quarter.
Scarcity of larger offices in Taipei impedes leasing activity
The limited office space availability allowed landlords to raise rents in 4Q20.
Sales of factories hit record highs in Taiwan in 2020
Sales reached nearly US$2bn, accounting for 39% of total annual transactions.
Taipei office vacancy rate drops to 2.3% as leasing demand picks up
Vacancies almost hit the historic low of 2.1% in Q4 2019.
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