A general view of Shun Tak Centre in Sheung Wan, where New World Development disposed off some assets. Photo: Edmond SoA general view of Shun Tak Centre in Sheung Wan, where New World Development disposed off some assets. Photo: Edmond So
A general view of Shun Tak Centre in Sheung Wan, where New World Development disposed off some assets. Photo: Edmond So

New World Development speeds up sale of noncore assets as disposals top HK$10 billion in financial year

  • Developer sells two noncore assets in Hong Kong for a combined value of HK$3.57 billion (US$460.6 million)
  • New World says it is optimistic about Hong Kong and Greater Bay Area, which will continue to be a core focus of its business
Topic |   Hong Kong property
A general view of Shun Tak Centre in Sheung Wan, where New World Development disposed off some assets. Photo: Edmond SoA general view of Shun Tak Centre in Sheung Wan, where New World Development disposed off some assets. Photo: Edmond So
A general view of Shun Tak Centre in Sheung Wan, where New World Development disposed off some assets. Photo: Edmond So
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