Tag Archives: New World Development

The property company is offering the world’s first US dollar-denominated bond featuring both social and green tranches, betting that a heightened appetite for sustainability and social issues will continue past the global pandemic. Source link

Hong Kong is considering a new mortgage scheme for subsidised flats that would slash down payments by half and allow buyers to defer some of the debt in a bid to make homes more affordable, the city’s leader has said.Speaking to local media, Chief Executive Carrie Lam Cheng Yuet-ngor said …

Sun Hung Kai Properties (SHKP) has replaced New World Development as the biggest seller of new homes in Hong Kong after the latter had to tear down and rebuild hundreds of flats under construction in Tai Wai.Chaired by Raymond Kwok Ping-luen, SHKP recorded sales of HK$29.65 billion (US$3.8 billion) in …

Lui Che-woo, one of Hong Kong’s wealthiest men with a casino, hotels and apartments under his belt, met his match in late 2016 when his company K Wah International lost a bidding war to a Chinese airline that was on a land grab in the world’s most expensive real estate …