JLL has been appointed by the receivers as the sole agent for the sale of 100% interests in offshore companies which indirectly hold the Sky Taipei in Taiwan through submissions of Expression of Interest (EOI). The sale offers a rare opportunity to acquire a new and large-scale iconic landmark in the Asia Pacific region. All EOI submissions must strictly adhere to the investment laws of all relevant jurisdictions including Taiwan. All EOI submissions should be submitted to JLL by 5pm on 5 July 2024 (Friday).  

The Sky Taipei is located at the intersection of Songzhi Road and Songshou Road in Taipei's Xinyi District.  At a height of 288 metres, it will become the second tallest building in the city after Taipei 101 once completed. The hotel-anchored mixed-use development project also integrates retail spaces, F&B experiences and a performance center. The project offers a total gross floor area of approximately 86,920 sqm (approximately 26,293 ping) and covers a site area of 6,830 sqm (approximately 2,066 ping). 

Located in the heart of Taipei 's bustling core commercial district, the project is adjacent to properties such as Taipei 101 and Shin Kong Mitsukoshi. It is also located in close proximity to major transportation hubs including Taipei City Hall Bus Station, and Bannan line and Tamsui-Xinyi Line of the Taipei Metro, making it easily accessible by various modes of transportation. The property is surrounded by numerous high-quality office buildings, malls, renowned restaurants and entertainment centers, catering to the diverse needs and preferences of tenants and visitors alike. This unique development attracted Hyatt Group to open its first Park Hyatt hotel in Taiwan, featuring their most luxurious brand. 

Sherry Wu, Head of Capital Markets at JLL, said: "The Sky Taipei offers a stunning combination of sleek modern architecture, unparalleled convenience and breathtaking panoramic views of the cityscape. It is destined to become one of the iconic landmarks in Taiwan and even the Asia Pacific region. The sale presents a rare opportunity for investors to acquire indirect interest in an iconic project. With its exceptional location and world-class amenities, The Sky Taipei is a highly desirable trophy asset, and we believe it will attract strong interests from the investors." 

For further information, please contact Sherry Wu, Head of Capital Markets, Taiwan, or Theodore Novak, Executive Director of Capital Markets in Asia Pacific as the details below.