Japanese firm Itochu Corporation became the largest foreign shareholder in Taipei 101 after buying a 37.2 per cent stake in the skyscraper (background) from Ting Hsin International for US$665 million. Photo: AFP

Taiwan’s property market is heating up thanks to factory reshoring, bucking regional gloom

  • Taiwanese authorities say about 40 domestic firms are eyeing move back from mainland China as trade war bites
  • Tight office supply in Taipei central business district points to falling vacancy rates, rising rents
Topic |   Taiwan

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Japanese firm Itochu Corporation became the largest foreign shareholder in Taipei 101 after buying a 37.2 per cent stake in the skyscraper (background) from Ting Hsin International for US$665 million. Photo: AFP
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