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TSEC signs lease with Taipei 101

TSEC signs lease with Taipei 101

Developers of the world's tallest skyscraper yesterday celebrated the signing of a leasing contract with the Taiwan Stock Exchange Corporation, one of Taipei 101's anchor tenants and shareholders.
"Taipei 101 extends our most sincere welcome to the Taiwan Stock Exchange Corporation," Taipei 101 Chairperson Diana Chen said at the signing ceremony.
"The lease signifies tenant- and shareholder-recognition for and faith in (the financial tower)."
Bigwigs present at yesterday's event took turns endorsing the city's signature icon - a 101-floor gleaming glass-and-steel structure that boasted an indoor observatory and a plush five-story mall on its base. It took NT$58 billion and six years to build the skyscraper.
"This building would be fully occupied by the end of 2006," Taipei 101 President Lin Hong-ming confidently declared following a signing ceremony that saw VIPs sharing bowls of sweet glutinous rice balls.
"We'll be able to accomplish that. No problem," Lin continued.
More Taipei 101 tenants would be announced in the near future, he added.
TSEC said it would be occupying levels nine to 12 for its offices, and level three for its media reception area and investors' lounge. The approximately 4,000-ping (13,220 square meters) space would give TSEC "significantly" more room compared to its previous home, it added.
"TSEC would likely move in before the end of the year," TSEC President Chen Ming-tai said. "Roughly 400 people would be occupying our Taipei 101 office."
Both parties refused to disclose the contract's financial details.
Lin said his team was pulling out all the stops to attract premium tenants, specifically financial institutions and international corporations, to the tower.
"The Taipei 101 Tower (offers) a secure, comfortable and efficient world-class office environment. TSEC's need for secure management as well as communication and power will be fulfilled (at Taipei 101)," said the official.
TSEC Chairman Wu Nai-jen added, "We believe Taipei 101 is the building for Taiwan's financial heavyweights."
TSEC's decision to move its offices to Taipei 101 was expected to further enhance the tower's corporate appeal, said Calvin Wang, managing director of Jones Lang LaSalle. The property consultant was the lead leasing agent of the world's tallest skyscraper.
The tower had all the trappings of wealth and success stamped on it.
The most advanced and comprehensive building facilities could be found in the skyscraper. Chunghwa Telecom built its communication infrastructure, including dual fiber-optic backbones, a broadband network, and a wireless environment for designated public areas and multiple backups to name a few, the property's drumbeaters said.
The tower's electricity was supplied by dual feeds from two Taiwan Power sub-stations. The skyscraper was equipped with dual raisers from two transformer plants within the tower, and Uninterrupted Power Supply for stable power.
In terms of building management, Energy Management and Control System combined with 770 cameras and nearly 5,000 monitoring spots safeguarded the building and its personnel, developers said in a statement.
A Visitor Access Kiosk System would record visitor's data through a digital video recorder, and automatically authorize the issuance of temporary access cards for the most secure office environment, they added.
The skyscraper also had two of the world's fastest elevators - they could carry up to 24 passengers each from the fifth floor to the 89th level in 39 seconds, or 1,010 meters per minute - and the world's biggest and heaviest Tuned Mass Damper. According to developers, the sphere reduces the sway of the building due to wind pressure by 40 percent, and counters seismic vibrations.
The tower would be operated by the Taipei Financial Center Corporation.