Reported 8 months ago
During Nan Shan Life's shareholder meeting on June 19, 2024, Chairman Yen Chung-yao announced the completion of their new commercial office buildings in the Xinyi development area. By 2027, over 90,000 ping of premium commercial office space will be available for rent, potentially bringing an estimated stable rental income of about 5 billion NTD annually. Nan Shan Life's aggressive real estate investments in the Xinyi area indicate their rise as a major landlord and commercial office operator, surpassing competitors like Fubon Life. Despite rising interest rates affecting investment returns, Nan Shan Life plans to continue expanding its real estate portfolio with new properties, such as a chemical warehouse in Tainan.
Source: YAHOO