STRONG DEMAND DRIVES RENTAL INCREASES: Highest net absorption since the 2008 financial crisis
An active leasing market saw net take-up of 19,900 ping (65,670 sq metres), the highest since the 2008 financial crisis. Buildings which were completed in 2018 are now nearly fully occupied, driving rental growth, with rents in Q1 2019 averaging NTD1,872 per ping (USD18.4 per sq metre) per month.