{"id":118867,"date":"2020-10-08T14:39:10","date_gmt":"2020-10-08T07:39:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-nwd-says-it-will-create-shared-value-as-it-takes-control-of-state-theatre-building-site\/"},"modified":"2020-10-08T15:05:33","modified_gmt":"2020-10-08T08:05:33","slug":"hong-kong-developer-nwd-says-it-will-create-shared-value-as-it-takes-control-of-state-theatre-building-site","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-nwd-says-it-will-create-shared-value-as-it-takes-control-of-state-theatre-building-site\/","title":{"rendered":"Hong Kong developer NWD says it will \u2018create shared value\u2019, as it takes control of State Theatre Building site"},"content":{"rendered":"


\nThe conservation of the 68-year-old State Theatre in Hong Kong\u2019s North Point district will be the highlight of property company New World Development\u2019s (NWD) redevelopment plan, according to its executive vice-chairman.The developer, which is worth HK$99.7 billion (US$12.9 billion), was pursuing financial success as well as social benefits with the project, Adrian Cheng Chi-kong said. \u201cOn top of making money, we will create shared value \u2013 a connection between social progress and business\u2026
\n
\nSource : South China Morning Post
\nRead more…Hong Kong developer NWD says it will \u2018create shared value\u2019, as it takes control of State Theatre Building site<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The conservation of the 68-year-old State Theatre in Hong Kong\u2019s North Point district will be...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-118867","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-uVd","jetpack-related-posts":[{"id":172606,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-new-world-gets-nod-to-spin-off-k11-shanghai-assets\/","url_meta":{"origin":118867,"position":0},"title":"Hong Kong developer New World gets nod to spin off K11 Shanghai assets","date":"September 21, 2026","format":false,"excerpt":"\r New World Development (NWD) received the green light from the Shanghai Stock Exchange to spin off and list a Reit (real estate investment trust) on the bourse, according to the distressed developer controlled by one of Hong Kong\u2019s wealthiest families. The expected offering size for the NWD C-Reit was\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149513,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-nwd-sells-out-state-pavilia-flats-on-offer-amid-attractive-pricing\/","url_meta":{"origin":118867,"position":1},"title":"Hong Kong developer NWD sells out State Pavilia flats on offer amid \u2018attractive\u2019 pricing","date":"February 15, 2025","format":false,"excerpt":"\r As of 6.22pm, New World Development sold out all of the 168 units on offer this weekend at its latest residential project in North Point.\r \r Source : South China Morning Post\r Read more...Hong Kong developer NWD sells out State Pavilia flats on offer amid \u2018attractive\u2019 pricing","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156518,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-meets-2025-sales-target-and-wins-commitment-to-refinancing\/","url_meta":{"origin":118867,"position":2},"title":"NWD meets 2025 sales target and wins commitment to refinancing","date":"June 27, 2025","format":false,"excerpt":"\r Hong Kong developer New World Development (NWD) secured some much-needed financial relief by hitting a 2025 property sales target of HK$26 billion (US$3.3 billion) and winning a commitment from creditors to refinance HK$87.5 billion of its debt, people familiar with the matter said on Friday. With a strong sales\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155548,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/debt-crunch-at-nwd-stokes-downside-risk-in-hong-kong-home-prices-sp-says\/","url_meta":{"origin":118867,"position":3},"title":"Debt crunch at NWD stokes downside risk in Hong Kong home prices, S&P says","date":"June 11, 2025","format":false,"excerpt":"\r The liquidity crunch at New World Development (NWD), one of Hong Kong\u2019s biggest developers, is a blemish on the resurgent housing market, threatening to shake confidence among homebuyers and trigger a \u201cdownside scenario\u201d in home prices, according to S&P Global Ratings. The developer deferred coupon payments on four series\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171936,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nwd-tests-market-with-28-pavilia-rosa-flats-for-sale-amid-hang-seng-slump\/","url_meta":{"origin":118867,"position":4},"title":"NWD tests market with 28 Pavilia Rosa flats for sale amid Hang Seng slump","date":"June 8, 2026","format":false,"excerpt":"\r Hong Kong developer New World Development (NWD) is making 28 units of its Pavilia Rosa project in Kowloon Tong available to buyers on Friday, a test of sentiment and demand in the city\u2019s residential property market amid a slumping Hang Seng Index. NWD said the flats would be sold\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":163082,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-nwd-denies-scramble-to-manage-debt-secure-financing\/","url_meta":{"origin":118867,"position":5},"title":"Hong Kong\u2019s NWD denies scramble to manage debt, secure financing","date":"October 22, 2025","format":false,"excerpt":"\r New World Development (NWD) denied market speculation that it is conducting a liability-management exercise involving its perpetual bonds or other debt securities and seeking equity financing from investors, according to an exchange filing on Tuesday. The Hong Kong-based property developer, which has been battling liquidity problems for the past\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118867"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=118867"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/118867\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=118867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=118867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=118867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}