04.01.2013 - Taiwan: Commercial property market to stay slow
The commercial property market is likely to remain sluggish in the coming months as tightened investment thresholds continue to sideline life insurance companies which accounted for more than 60 percent of deals last year, analysts said yesterday. Commercial property transactions totaled NT$106.9 billion (US$3.68 billion) last year, down 16 percent from NT$129.3 billion in 2011, as major players pulled out after the Financial Supervisory Commission (FSC) in November raised the minimum rental yield on real-estate investments by life insurers from 2.125 percent to 2.875 percent, according to Colliers International Taiwan Ltd..............................................Full Article: Source
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