Taiwan's commercial market tipped to surge in Q4
Investments set to rise to up to NT$40b after lifting of curbs on insurers
[TAIPEI] Commercial real estate and land deals in Taiwan will probably surge in the fourth quarter after the government lifted some restrictions on insurers' property investment, according to the world's two biggest commercial realtors.
Investments in offices and shops on the island will rise to as much as NT$40 billion (S$1.7 billion) in the next three months, Tony Chao, Taipei-based managing director at Jones Lang LaSalle Inc, said in an interview on Tuesday. That compares with NT$24.2 billion in…
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