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Adrian Cheng, CEO and executive vice-chairman of New World Development

New World Wins $11B Refinancing Deal as Adrian Cheng Steps Down From Board

2025/07/01 by Christopher Caillavet Leave a Comment

Hong Kong’s New World Development on Monday announced the successful refinancing of HK$88.2 billion ($11.2 billion) in offshore debt, as well as the resignation of third-generation scion and former CEO Adrian Cheng from the family-controlled builder’s board of directors.

New… Read More>>

Cheng Kar-Shun, NWD

Banks Agree to $11.1B New World Refinancing and More Asia Real Estate Headlines

2025/06/27 by Michael Cole Leave a Comment

Hong Kong’s New World Development clinches a deal to refinance $11.1 billion in maturing debt, with that story leading today’s headline roundup. Also making the list, a Singaporean JV wins approval for a Sydney build-to-rent project and South Korea readies… Read More>>

Cheng Wai

Ares Buying Wing Tai London Project for $58M and More Asia Real Estate Headlines

2025/06/24 by Michael Cole Leave a Comment

US fund manager Ares picks up a London office project from Hong Kong-listed developer Wing Tai Properties, with that deal leading today’s headline roundup. In other news, Bain and GIC back Indian builder Kalpataru’s IPO and SGX-listed Acrophyte Hospitality Trust… Read More>>

Cheng Kar-Shun, NWD

New World Nears $11B Refinancing Deal and More Asia Real Estate Headlines

2025/06/20 by Michael Cole Leave a Comment

Distressed Hong Kong builder New World Development closes in on a deal to refinance $11 billion in debt, with that report leading today’s headline roundup. Also making the list, the wife of Evergrande founder Xu Jiayin draws scrutiny for her… Read More>>

Cheng Kar-Shun, NWD

New World Seeks to Swap Office Floors for Hotel in Tsim Sha Tsui Project

2025/06/19 by Iris Hong Leave a Comment

As it struggles to refinance around $11 billion in debt amidst a declining property market, Hong Kong giant New World Development is reimagining a 28-storey commercial project in the heart of the city’s Tsim Sha Tsui tourist area.

After receiving… Read More>>

Hiromasa Amano

Japan’s Kajima Takes On $974M Aussie BTR Venture and More Asia Real Estate Headlines

2025/06/18 by Michael Cole Leave a Comment

Japanese developer Kajima Corporation enters Australia’s booming build-to-rent market, with that story leading today’s headline roundup. Also making the list, asset manager IGIS invests in data centres in South Korea’s Busan and internet firm Kakao eyes a server-hosting facility near… Read More>>

Amazon Web Services CEO Matt Garman

Amazon to Invest $13B in Aussie Data Centres and More Asia Real Estate Headlines

2025/06/17 by Michael Cole Leave a Comment

E-commerce titan Amazon plans its biggest-ever Australia investment to expand data centre infrastructure, with that announcement leading today’s headline roundup. Also in the news, Hong Kong’s New World Development makes a dollar bond payment as the controlling Cheng family raises… Read More>>

Chee Hong Tat

Singapore Trims Housing Pipeline as Market Cools and More Asia Real Estate Headlines

2025/06/16 by Michael Cole Leave a Comment

The Singapore government cuts back on its residential land sales programme, with that policy move leading today’s headline roundup. Also in the news, Malaysia’s IOI Properties plans an SGX-listed REIT and China’s COSCO joins the consortium to buy Li Ka-shing’s… Read More>>

Noudit Hongdae

Invesco Named Preferred Bidder for Seoul Co-Living Asset and More Asia Real Estate Headlines

2025/06/13 by Michael Cole Leave a Comment

A joint venture led by US asset manager Invesco enjoys the inside track to acquire a Seoul co-living property, with that report leading today’s headline roundup. Also making the list, South Korea’s Koramco seeks to build a domestic data centre… Read More>>

Centurion group CEO Kong Chee Min

Centurion Shares Spike as SGX REIT IPO Plan Moves Forward and More Asia Real Estate Headlines

2025/06/12 by Michael Cole Leave a Comment

Singapore developer Centurion announces its application for an SGX-listed REIT, with that story leading today’s headline roundup. In other news, Blackstone wins approval to buy a 40 percent stake in an Indian homebuilder and property tycoon Ong Beng Seng prepares… Read More>>

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