Date: Nov 30, 2018
By: Staff writer, with CNA
The American Institute in Taiwan (AIT) yesterday confirmed that it purchased a
plot of land in Taipei to build a residential complex for its staff, saying the decision reflects the US’ strong long-term commitment to the nation.
“On Nov. 28, 2018, AIT finalized a conditional purchase agreement with Jean Co, Ltd [新美齊] for the construction of a new residential tower in Tianmu [天母] and purchase of the underlying land,” AIT spokesperson Jesse Curtis said in an e-mail.
“When completed, AIT plans to use the residential tower as housing for AIT staff and their families,” Curtis said, confirming a report in the Chinese-language Liberty Times (the Taipei Times’ sister newspaper) about the deal.
It was not the AIT’s first real-estate purchase in Taiwan, as the newspaper had reported, he said without elaborating. [FULL STORY]