Nanshan Life Insurance announced on May 28 that it has purchased the 'Yishang Empire' commercial building in Gushan District, Kaohsiung, for NT$3.5588 billion. The building is a 28-story steel-structured complex featuring retail, cinemas, and offices, expected to receive its usage permit in the third quarter of this year. Nanshan plans to use the space for its Kaohsiung branch, offices, and training facilities. The company believes the area has strong commercial growth potential and will become a core business hub in Kaohsiung.

FACT BOX

  • Source: CNA (Central News Agency)
  • Category: Finance/Real Estate
  • Organizations: Nanshan Life Insurance / Yishang Le International
  • Dates in source: May 28