{"id":172606,"date":"2026-09-21T19:00:12","date_gmt":"2026-09-21T12:00:12","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-new-world-gets-nod-to-spin-off-k11-shanghai-assets\/"},"modified":"2026-09-21T19:08:37","modified_gmt":"2026-09-21T12:08:37","slug":"hong-kong-developer-new-world-gets-nod-to-spin-off-k11-shanghai-assets","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-new-world-gets-nod-to-spin-off-k11-shanghai-assets\/","title":{"rendered":"Hong Kong developer New World gets nod to spin off K11 Shanghai assets"},"content":{"rendered":"<p>&#013;<br \/>\nNew 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.<br \/>\nThe expected offering size for the NWD C-Reit was about 3.82 billion yuan (US$570 million), from which the group\u2019s estimated net proceeds would be 3.24 billion yuan, Hong Kong-based NWD said in a statement on Monday. The underlying assets of the&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3368276\/hong-kong-developer-new-world-gets-nod-spin-k11-shanghai-assets?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Hong Kong developer New World gets nod to spin off K11 Shanghai assets<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; New World Development (NWD) received the green light from the Shanghai Stock Exchange to spin&#46;&#46;&#46;<\/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-172606","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-ITY","jetpack-related-posts":[{"id":118867,"url":"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\/","url_meta":{"origin":172606,"position":0},"title":"Hong Kong developer NWD says it will \u2018create shared value\u2019, as it takes control of State Theatre Building site","date":"October 8, 2020","format":false,"excerpt":"\r The 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\u2026","rel":"","context":"In &quot;Property News&quot;","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":172606,"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 &quot;Property News&quot;","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":172606,"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 &quot;Property News&quot;","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":172606,"position":3},"title":"Debt crunch at NWD stokes downside risk in Hong Kong home prices, S&amp;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 &quot;Property News&quot;","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":172606,"position":4},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":106209,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-world-development-takes-hong-kong-lifestyle-to-another-level-set-to-launch-priciest-serviced-apartments\/","url_meta":{"origin":172606,"position":5},"title":"New World Development takes Hong Kong lifestyle to another level, set to launch priciest serviced apartments","date":"April 18, 2019","format":false,"excerpt":"\r New World Development is set to displace Four Seasons Place as the operator of Hong Kong\u2019s most expensive serviced apartments.Agents say NWD plans to offer leases at its K11 Artus serviced apartment development, part of the US$2.6 billion Victoria Dockside project in Tsim Sha Tsui, for a third more\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172606"}],"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=172606"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172606\/revisions"}],"predecessor-version":[{"id":172607,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/172606\/revisions\/172607"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=172606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=172606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=172606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}