{"id":86970,"date":"2018-05-02T22:01:18","date_gmt":"2018-05-02T15:01:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-new-world-development-to-invest-us2-5b-in-skycity-airport-retail-complex\/"},"modified":"2018-05-02T23:03:17","modified_gmt":"2018-05-02T16:03:17","slug":"hong-kong-developer-new-world-development-to-invest-us2-5b-in-skycity-airport-retail-complex","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-new-world-development-to-invest-us2-5b-in-skycity-airport-retail-complex\/","title":{"rendered":"Hong Kong developer New World Development to invest US$2.5b in Skycity airport retail complex"},"content":{"rendered":"<p>&#013;<br \/>\nNew World Development plans to invest HK$20 billion (US$2.55 billion) in Skycity, a commercial entertainment project attached to the Hong Kong International Airport, the company said in a stock exchange announcement on Wednesday.<br \/>\nNew World Development\u2019s subsidiary Roxy, which won the tender, will enter into an agreement with the Airport Authority by May 30 and is expected to complete the project in phases starting from 2023 to 2027.<br \/>\nThe developer will build a 350,000 sq metre retail&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.scmp.com\/business\/investor-relations\/article\/2144400\/hong-kong-developer-new-world-development-invest-us25b\" target=\"_blank\">Hong Kong developer New World Development to invest US.5b in Skycity airport retail complex<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; New World Development plans to invest HK$20 billion (US$2.55 billion) in Skycity, a commercial entertainment&#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-86970","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-mCK","jetpack-related-posts":[{"id":42661,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/regal-hotels-wins-contract-for-new-airport-hotel-in-hong-kong\/","url_meta":{"origin":86970,"position":0},"title":"Regal Hotels wins contract for new airport hotel in Hong Kong","date":"February 2, 2017","format":false,"excerpt":"\r Regal Hotels Group has won the contract for the development of a new hotel project at Hong Kong International Airport. The HK$2.19 billion offer from Capital Charm, a wholly owned subsidiary of Regal, was accepted late on Thursday, according to an announcement on the Hong Kong stock exchange website.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121660,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-new-world-developments-china-unit-will-invest-us732-million-in-guangzhou-urban-renewal-project\/","url_meta":{"origin":86970,"position":1},"title":"Hong Kong developer New World Development\u2019s China unit will invest US$732 million in Guangzhou urban renewal project","date":"August 25, 2021","format":false,"excerpt":"\r New World China Land (NWC), the mainland Chinese property unit of Hong Kong developer New World Development, said it has secured the rights for an urban renewal project in the heart of Guangzhou.The project, which is expected to require an investment of HK$5.7 billion (US$732.3 million), will be NWC\u2019s\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124274,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/discovery-bay-developer-hong-kong-resort-company-to-invest-us1-9-billion-the-biggest-in-lantau-in-the-past-decade\/","url_meta":{"origin":86970,"position":2},"title":"Discovery Bay developer Hong Kong Resort Company to invest US$1.9 billion, the biggest in Lantau in the past decade","date":"January 18, 2022","format":false,"excerpt":"\r Hong Kong Resort Company plans to invest HK$15 billion (US$1.9 billion) to build 1,400 flats in Discovery Bay, its biggest investment in more than a decade in Lantau.The Hong Kong-listed company, a joint venture between HKR International and Citic, is the developer of Discovery Bay, a sprawling residential community\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135654,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/indebted-chinese-developer-shimao-group-to-sell-hong-kong-airport-area-sheraton-hotel-property-for-us828-million\/","url_meta":{"origin":86970,"position":3},"title":"Indebted Chinese developer Shimao Group to sell Hong Kong airport-area Sheraton hotel property for US$828 million","date":"March 27, 2023","format":false,"excerpt":"\r The owner of the 1, 219-room, Sheraton-branded property, Shimao Group, is in the process of restructuring US$11.8 billion in debt.\r \r Source : South China Morning Post\r Read more...Indebted Chinese developer Shimao Group to sell Hong Kong airport-area Sheraton hotel property for US8 million","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76762,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-secures-extension-for-hk2-4-billion-loan-related-to-kai-tak-project\/","url_meta":{"origin":86970,"position":4},"title":"Hong Kong developer secures extension for HK$2.4 billion loan related to Kai Tak project","date":"January 15, 2018","format":false,"excerpt":"\r Chinese conglomerate HNA Group has secured a six-month extension for a HK$2.4 billion (US$306.75 million) bridging loan related to its residential project at the site of Hong Kong\u2019s old airport. Hong Kong International Investment Group, formerly known as HNA Holding International Investment Group, announced the extension before the loan\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107982,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-developer-walks-away-from-hk11-1-billion-kai-tak-project-citing-social-contradiction-and-economic-instability\/","url_meta":{"origin":86970,"position":5},"title":"Hong Kong developer walks away from HK$11.1 billion Kai Tak project, citing \u2018social contradiction and economic instability\u2019","date":"June 11, 2019","format":false,"excerpt":"\r The Hong Kong developer that beat out several of the city's biggest and wealthiest property groups for a commercial plot at the former Kai Tak airport in May has had a change of mind after less than a month, saying it will abandon the offer, citing \u201csocial contradiction and\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\/86970"}],"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=86970"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/86970\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=86970"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=86970"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=86970"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}