Nam Tai Property Secures Strategic Revenue Stream Through Long-Term Master Lease with State-Owned Enterprise

Nam Tai Property Secures Strategic Revenue Stream Through Long-Term Master Lease with State-Owned Enterprise

SHENZHEN, China–(BUSINESS WIRE)–Nam Tai Property Inc. (OTC Expert Market: NTPIF) (the “Company”) is pleased to announce a significant milestone in its Technology Center project. The Company’s subsidiary, Nam Tai Investment, has successfully entered into a six-year master lease agreement with a high-profile state-owned partner, Shenzhen Anju Leyu Development & Construction Co. Ltd. (“Shenzhen Anju”). This strategic partnership serves to significantly de-risk the project by locking in a gov