A scion of one of Hong Kong’s wealthiest families has acquired an 11-storey commercial building in Hong Kong’s core business district as local media accounts identify the buyer of 118-120 Queen’s Road Central as William Junior Guilherme Doo, a director… Read More>>
New World Development’s Adrian Cheng has called the bottom of the real estate market in China, telling the Financial Times that the Hong Kong-based property giant plans to spend RMB 10 billion ($1.5 billion) to buy land in top-tier mainland… Read More>>
In today’s roundup of regional news headlines, Singapore-listed Keppel DC REIT reports 2.5 percent year-on-year growth in its distribution per unit for the first half of 2022, as Mapletree Industrial Trust posts a 4.2 percent boost and CapitaLand China Trust… Read More>>
New World Development is looking for a buyer for a retail podium of its Discovery Park development in the New Territories as the Hong Kong-listed developer shops a number of non-core properties in the city, according to market sources.
The… Read More>>
A decade after it began acquiring parts of Hong Kong’s State Theatre complex, New World Development has won approval from the Buildings Department to redevelop the historic site into a mixed-use project.
The development in North Point will have a… Read More>>
Knight Dragon, a UK-based developer owned by New World Development’s chairman, is offering the investing public a chance to get a slice of the earnings from a London residential project through blockchain technology in a deal valued at £140 million… Read More>>
Top level moves in Hong Kong lead this week’s roundup of personnel moves from around Asia with the SAR appointing a new member to the leadership of the Urban Renewal Authority, and top developer New World Development naming a new… Read More>>
In today’s roundup of regional news headlines, Singapore-listed REITs buy a shopping centre and sell a data centre in the US market, Hong Kong’s New World Development issues green and social bonds, and Thailand’s Central Pattana plans to invest in… Read More>>
In today’s roundup of regional news headlines, China’s Zhenro Properties is set for another offshore bond default, the property arm of Hong Kong’s Nan Hai suspends all staff for six months amid financial woes, and a pair of Singapore condo… Read More>>
Hong Kong’s New World Development is moving closer to adding a HK$14 billion ($1.7 billion) commercial project to the city’s busiest shopping district, having reportedly applied for a compulsory sale of three adjacent properties in Causeway Bay this month, according… Read More>>