A sightseeing bus passes through Taipei’s Xinyi District with Taipei 101 in the background on Sept. 24 last year. Photo: Chuang Shih-hsien, Taipei TimesAlthough the unfavorable effects of the pandemic linger, Taipei 101 is to strengthen its shopping mall operation and maintain full occupancy for its office space in the city’s central business district, where leasing demand is strong with no new space available in the near term, Chang said. The observatory deck previously generated 30 percent of overall revenue, but made a meager contribution last year, she said. The skyscraper’s operator is to spend NT$1.5 billion renovating the complex’s exterior, as well as its shopping area and parking spaces to make them more welcoming, TFCC said. Taipei 101 has been able to raise rents, with upward adjustments reaching 45 percent in some cases, thanks to its landmark status, TFCC said.

Source: Taipei Times March 26, 2021 15:56 UTC