Cathay No. 2 Real Estate Investment Trust
TTWSE:01007T11.18
TWD
-0.04
(-0.36%)
ISIN
TW00001007T5
Return %
Stock
S&P 500
1Y
-21.27
14.20
3Y
-34.24
81.12
5Y
-44.10
68.34
Capital Structure
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- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Taipei Taiwan
- IPO Date
- Oct 13, 2006
- Similar Companies
- Business
- Cathay No. 2 Real Estate Investment Trust (TWSE: 01007T) is a Taiwan-based closed-end real estate investment trust managed by Land Bank of Taiwan Co., Ltd. as trustee and backed by Cathay Financial Holding Co., Ltd. Established in 2006 and headquartered in Taipei, Taiwan, the Trust focuses on investing in, owning, managing, and leasing high-quality commercial real estate properties situated primarily in prime business districts across the Greater Taipei metropolitan area. The Trust operates within the real estate investment and development sector, generating steady cash flow and capital appreciation through long-term lease agreements with multinational corporations, financial institutions, hospitality operators, and retail tenants. The Trust's primary portfolio and service offerings encompass commercial property leasing and real estate asset management across three core grade-A commercial developments: the Min Sheng Chien Kuo Building, a mixed-use complex comprising prime corporate office spaces, parking facilities, and hotel premises occupied by international hotel brands including Courtyard by Marriott Taipei Downtown; the An He Commercial Building, dedicated to premium corporate office leasing, financial branch tenancy, and commercial spaces; and the Zhen Hua Commercial Building, offering multi-tenant commercial office accommodations and ground-floor retail facilities. Complementary services include commercial tenant relationship management; long-term and short-term lease administration; automated and managed underground parking facility operations; building maintenance, security, and facility management; and asset enhancement services aimed at maximizing rental yields and occupancy rates. In recent developments, Cathay No. 2 Real Estate Investment Trust has actively executed strategic asset enhancement initiatives across its core office and hospitality assets to optimize tenant retention and adapt to evolving hybrid workplace trends. The Trust has concluded major lease renegotiations and space realignments across its Min Sheng Chien Kuo and An He properties, securing higher rental rates from financial, technology, and professional service tenants while maintaining stable occupancy. Furthermore, the Trust has expanded its focus on sustainable property operations, rolling out energy-efficiency modernization programs, smart building management systems, and ESG-aligned upgrades across its properties to reduce operational expenditures, achieve green building standards, and enhance long-term unitholder value.