New World locks up $700m perp

Morgan Davis

December 03, 2020 10:30 AM

Hong Kong_property_adobe_12May_575 — Aerial view of Yick Fat Building, Quarry Bay, Hong Kong. Residential area in old apartment with windows. High-rise building, skyscraper with windows of architecture in urban city. | tampatra - stock.adobe.com

Hong Kong property company New World Development Co used a fixed-for-life perpetual structure to net $700m on Wednesday.

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MD

Morgan Davis

Deputy editor GlobalCapital Asia