Reported 12 months ago
Kaohsiung's Pier-2 Art District may have a new cinema opening soon as Warwick Cinema Limited, the company that previously operated in Taipei and Taichung, purchased the iconic Weng Pin Hotel in Yancheng for 2.88 billion NT dollars. This acquisition has sparked interest in the real estate industry as the Yancheng area has been experiencing a real estate boom, with pre-sale prices reaching record highs. The potential development of the hotel property into a cinema or the addition of a new hotel has attracted significant attention.
Source: YAHOO