Property News · July 31, 2018

Taipei US$1.3 billion retail building sale a test of foreign investor interest


The forthcoming sale of a 12-storey retail complex in Taipei will be a test of whether foreign property investors have enough faith in the potential of Taiwan’s real estate market to brave its high capital gains taxes and sluggish economy.
Living Mall, which has a gross floor area of 2.2 million square feet and nearly a thousand shops and is a short ride to the Xinyi business district, is being offered for sale with an indicative price of HK$10 billion (US$1.3 billion). It is targeted at…

Source : South China Morning Post
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