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HK developer New World said to be in talks with Blackstone, Capital Land over asset sales
The Straits Times
|August 09, 2025
New World Development is in talks with several potential investors, including Blackstone and CapitaLand Group, as the cash-strapped Hong Kong developer seeks to dispose of assets to improve liquidity, according to people familiar with the matter.
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HONG KONG -
Blackstone has been in discussions with New World to buy some of its assets. The world's largest alternative asset manager could be open to the option of taking the developer private, though there is no concrete proposal for this on the table, the people said.
Singapore property company CapitaLand also engaged with New World for exploratory discussions in recent weeks, the people added.
यह कहानी The Straits Times के August 09, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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