TAIPEI (Taiwan News) — Taipei 101 is opening some of its shares to the public.

The offering represents about 15.1% of the building’s total equity, with a minimum price of NT$38.7 (US$1.2) per share. The shares represent ownership in Taipei Financial Center Corp., which is not publicly traded on either the main market or the over-the-counter market, according to CNA and Goodinfo.

The sale is structured in two packages. One requires the full 15.1% stake, starting at roughly NT$8.6 billion, while the other allows smaller purchases with a minimum of 1% ownership, starting at about NT$570 million.

Transactions will take place in two stages. Interested parties must first pass a qualification review and then participate in price bidding, with the highest bid setting the final sale price.

PricewaterhouseCoopers Taiwan, the financial advisor for the sale, noted that Taipei 101 is Taiwan’s national monument. Its office tower serves as Xinyi District’s premier international business hub, while the podium houses northern Taiwan’s top-performing luxury mall.

Additionally, Taipei 101’s observation deck continues to attract local and international visitors each year. With steady growth and transparent finances, the building offers long-term investors stable dividends and an opportunity to share in its future growth, PwC said.