Bloomberg News

Taiwan 2011 Commercial Property Deals May Reach NT$120 Billion

October 05, 2011

Oct. 5 (Bloomberg) -- Taiwan’s commercial property transactions may reach between NT$110 billion and NT$120 billion this year, the highest since President Ma Ying-jeou took office in 2008, the local branch of DTZ Debenham Tie Leung Ltd. said today.

The transactions reached NT$100.5 billion last year, compared to NT$97.7 billion in the first nine months this year, Charlie Yang, chief of institute valuation and advisory services at DTZ in Taiwan, said. “Ample liquidity, low interest rate, limited supply, investment from insurance companies and warm relations between Taiwan and China are the contributing factors,” he said.

To contact the reporter on this story: Adela Lin in Taipei at alin95@bloomberg.net

To contact the editor responsible for this story: Janet Ong at jong3@bloomberg.net


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