Hong Kong property developer New World Development agreed to sell a local shopping mall with 1,000 parking spaces for HK$4.02 billion ($514 million) to rival Chinachem Group, according to a joint statement from the two companies on Friday.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com
