Taipei office demand remains strong: JLL
NO VACANCY: Demand for grade A office space, especially from tech firms, is so robust that even upcoming projects have secured tenants, Jones Lang LaSalle said
By Crystal Hsu / Staff reporter
Vacancy rates for grade A offices in Taipei held relatively steady at 2.1 percent last quarter, while monthly rent edged up 0.7 percent to an average of NT$2,828 (US$99.48) per ping (3.3m2) as demand remained strong, while space is limited, Jones Lang LaSalle Inc (JLL) said yesterday.
The vacancy rates suggested a small net takeout of 25 ping as a lack of new supply is hampering activity, JLL Taiwan managing director Tony Chao (趙正義) told a news briefing in Taipei.
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