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Demand for warehouses, logistics facilities spikes

Demand for warehouses and logistics facilities has spiked in the past few years, aided by booming online shopping and port congestion amid the COVID-19 pandemic, Colliers International Taiwan said yesterday. The past three years have seen 22 major transactions of warehouses and logistics facilities valued at NT$29.94 billion (US$1.05 billion) and covering 209,100 ping (690,030m2), the size of 2.3 Daan Forest Parks in Taipei, the property broker said. Colliers Taiwan managing director Andrew Liu (劉學龍) identified three investment approaches in warehouses and logistics facilities, namely by taking up the role of landlords, service providers and operators. Cathay Life Insurance Co (國泰人壽) and Chunghwa

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