Commercial property transactions gain 14.3%
Commercial property transactions last quarter gained 14.3 percent from three months earlier to NT$31.32 billion (US$1.12 billion), while land deals jumped 15.8 percent to NT$77.5 billion, propelled by demand for commercial and industrial office spaces, as well as factories, Cushman & Wakefield Taiwan (戴德梁行) said yesterday. In the first three quarters of the year, commercial property deals totaled NT$105.07 billion, already surpassing the figure for the whole of last year, the local branch of the US property consultancy said. Cash-loaded life insurance companies contributed NT$6.95 ...