Case Study | Next Digital Neihu Headquarters: Brokerage

Buyer: WANIN International

Seller: Next Digital Group

Services provided: Brokerage - Divestment

The Challenge

The property was built to purpose by the vendor based on their own specific requirements – this meant that the pool of potential acquirers would be fairly limited.

In addition, due to the vendor’s background, the disposition process and marketing activities had to be kept low-profile per the vendor’s request.

The Strategy

Colliers focused on occupational acquirers who potentially would have the need for film studio facilities; and proactively approached cross-market investors to broaden the pool of potential acquirers.

The Solution

A private treaty approach was adopted, and an accurate target investor list which covered the most active investors and occupational acquirers in relevant industries was prepared.

By leveraging on resources and relationships in secondary cities, Colliers was able to negotiate for the best offer from WANIN International - a Taichung-based company who were keen to acquire suitable operational headquarter in Taipei.

The Result

The asset was sold to WANIN International for TWD1.75 billion (USD 60.3million), a satisfactory price within 4 months.

This transaction follows the earlier successful transaction of the Building A&B in Neihu Technology Park in 2019, where Collier were also appointed to divest by Next Digital.

“Thanks to the Colliers team for the continuous support and providing us with suitable disposition strategy. We do appreciate your efforts and outcomes. I look forward to doing more business with your team in the future.”

-- Boris Chow

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