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New World, ADIA in Talks for HK$3 Billion Hotel Sale to UOL
Source: Bloomberg
M&A & RestructuringHousing & Real EstateTravel & Leisure
New World Development is reportedly in talks to sell its 50% stake in a Hong Kong hotel to Singapore-based UOL Group. The potential transaction signals continued portfolio reshaping in Hong Kong commercial real estate, though no valuation, timing, or definitive agreement was disclosed.
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