New World Development

Hong Kong property developer New World seeks more time to pay bonds with exchange offer

2026-10-06T06:58:01.000Z
The construction site of State Pavilia, a residential complex developed by New World Development, in Hong Kong. The property giant has numerous residential, office and mall projects across the city and in  mainland China.

Bain exploring investment in Hong Kong’s New World: sources

2026-10-02T10:18:16.000Z
New World’s stock price has fallen around 19% in 2026, badly underperforming the wider market.

New World, Abu Dhabi Investment Authority in talks for US$382 million hotel sale to Singapore’s UOL

2026-09-22T04:34:12.000Z
The firm said it expects to subscribe for 20% of total units at listing, while external investors would take the remaining 80% for an aggregate 3.05 billion yuan.

New World Development gets Shanghai bourse nod for US$570 million Reit listing

2026-09-21T07:31:28.000Z
Ares and New World, which co-own the office-and-retail tower 83 Wing Hong Street, have recently dropped prices to offload some units in the development.

New World, Ares cut Hong Kong office tower unit prices up to 57%

2026-06-29T03:17:33.000Z
The negotiations are the latest chapter in the long-running saga of the 11 Skies project, which has become a stumbling block for New World.

New World mulls fee to avoid US$9 billion rent for 11 Skies mall project

2026-05-19T01:27:15.000Z
Blackstone has informed New World Development of its decision, ending a protracted year-long negotiation that stalled in recent months.

Blackstone drops US$4 billion New World deal over control clash

2026-05-13T09:53:04.000Z
New World is expected to pocket about US$300 million in cash after netting off debt, a source said.

New World weighing sale of stake in US$2 billion HK hotel portfolio: sources

2026-05-05T08:38:14.000Z
The project may allow vessels to avoid the congested Malacca Strait, shorten transit times by an average of four days, and cut shipping costs by about 15%.

Hormuz crisis spurs Thailand to fast-track long-standing landbridge project

2026-04-20T11:27:18.000Z
Hong Kong’s residential market has shown signs of recovery after interest rates began easing last year and as mainland Chinese buyers returned.

New World’s once-hot luxury development returns at a cut price

2026-04-17T01:07:59.000Z