Airport Authority is looking for a developer to undertake and complete the work at 11 Skies as it prepares to take back the ...

New World Development Co. is seeking to sell its flagship 11 Skies mall to address liquidity constraints, according to people ...

New World is liable to pay Hong Kong’s Airport Authority HK$1.8 billion annually in a minimum guaranteed rental from 2028.

A view shows the headquarters of New World Development at New World Tower, in Hong Kong, China September 27, 2024. REUTERS/Tyrone Siu/File Photo Purchase Licensing Rights, opens new tab ...

(Reuters) -Hong Kong's New World Development said on Monday it remains "actively engaged" with creditors to refinance existing loans and that talks are ongoing. The update follows media reports ...

While New World Development Co.’s mounting debt has captured market attention and shaken one of Asia’s wealthiest families, Hong Kong’s smaller property firms have lenders on even higher alert. Banks ...

Hong Kong property group, New World Development, has asked banks to refinance HK$87.5 billion ($11.2 billion) of its loans by the end of June, Bloomberg reported on May 21, citing unnamed people ...

New World Development Co., one of Hong Kong’s most indebted builders, is close to securing a crucial HK$87.5 billion ($11.1 billion) loan refinancing deal, according to people familiar with the ...

New World Development (OTCPK:NDVLY), a prominent Hong Kong property developer under financial strain, faces a pivotal moment Monday as a $5.05 million interest payment comes due on a dollar ...

The younger generation of the Cheng family has taken the helm at New World Development, injecting fresh perspectives and ideas. Real estate remains core to the group, supplemented by NWS Holdings ...