Deutsche Bank has appointed Amanda Chen as head of securities services for Taiwan. She will report to Tony Chao, head of security services for North Asia
OMERS names new APAC chief; Cbus gets interim chief executive; AllianceBernstein global co-head of equity trading takes on new role; JLL names Taiwan MD; Whampoa Group adds digital investment co-heads; and more.
Rent for grade A office space in Taipei gained 4.4 percent this quarter to NT$2,953 (US$99.63) per ping (3.3m2), with vacancy rates hovering around historic lows of 2 percent amid continued demand from tech and non-tech firms, the local branch of Jones Lang LaSalle Inc (JLL) said yesterday.
The vacancy rate made Taiwan the best performer in Asia, despite the COVID-19 pandemic, JLL Taiwan Ltd (仲量聯行) said.
The commercial property market — especially office buildings, which generate stable rental income — was resilient even as COVID-19 cases increased, JLL Taiwan managing director Tony Chao (趙正義) said.
<strong>INSURERS</strong>
Office spaces are particularly attractive to local