An infographic showing key trends in Taiwan's commercial real estate market for 2016

1. OPPORTUNITIES
CHALLENGES
CBRE RESEARCH
This report was prepared by CBRE Taiwan Research Team, which forms part of CBRE Global Research — a network of preeminent researchers who
collaborate to provide real estate market research and econometric forecasting to real estate.
Disclaimer
Information contained herein, including projections, has been obtained from sources believed to be reliable. While we do not doubt its accuracy, we
have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to confirm independently its accuracy and
completeness. This information is presented exclusively for use by CBRE clients and professionals and all rights to the material are reserved and cannot
be reproduced without prior written permission of CBRE.
Source: CBRE Research, Q1 2016
R E A L E S T A T E M A R K E T O U T L O O K
Asia Pacific
INVESTMENTRETAILOFFICEECONOMY LOGISTICS
• Ample liquidity
in the market
as interest rates
remain low
• New government
may announce a
stimulus package
ECONOMIC
RECOVERY
UNDERWAY
• Slower export
growth amid weak
overseas demand
• Business
competition from
China
• Lack of cost
effective options
• MNCs tightening
CAPEX
• Limited space
for lease in prime
locations
• International
brands slowing
their footprint
growth
• Rising
international
tourist arrivals
• F&B sector
to remain in
expansion mode
• Tenants remain
cost-sensitive
• Higher vacancy
in less efficient
assets as tenants
upgrade
• Sustained demand
from domestic
manufacturers
• Rising demand for
modern logistics
from 3PLs
• Low property
yields look less
attractive to
investors
• Investors continue
to wait and see
• More room for
negotiation as
investment volume
slows
• More small to
medium size assets
to be put up for sale
• New supply
will provide
flight to quality
opportunities
• More incentives
for early
negotiation
POSITIVE
DEMAND
MORE OPTIONS
FOR INVESTORS
STRONGER TOURIST
CONSUMPTION
COST-
CONSCICUS
SLOWER LEASING
DEMAND
LACK OF
IMPETUS
FOR RENTAL
GROWTH
CAUTIOUS
SENTIMENT
DEMAND FOR
NEW OFFICE
SPACE
SLOWER
GROWTH
MOMENTUM
TAIWAN