New World in talks with Blackstone, CapitaLand: sources

Roundup: Blackstone, CapitaLand Said Circling New World Assets - Mingtiandi

Hong Kong’s New World Development leads the list of real estate happenings from around Asia as the defaulting developer is said to be shopping assets to Blackstone, CapitaLand and other investors in an effort to bail out its balance sheet.... Read More>> The post Blackstone, CapitaLand Said Circling New World Assets and More Asia Real Estate Headlines appeared first on Mingtiandi.

New World in talks with Blackstone, CapitaLand: sources

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 sources familiar with the matter.